economy

Stress, Uncertainty as Economy Views Decline; Many Voice Frustration with Trump's Economic Approach, CBS News Poll Finds

Updated on: May 17, 2026 / 9:39 PM EDT / CBS News

Stress, Uncertainty as Economy Views Decline; Many Voice Frustration with Trump's Economic Approach, CBS News Poll Finds

TL;DR

  • A significant number of Americans are concerned and stressed about their finances, with feelings of security and contentment decreasing compared to the previous year.
  • Views on the U.S. economy have worsened, reaching levels not seen since 2023, with three-quarters of Americans feeling their incomes are not keeping up with inflation.
  • Americans describe the economy as "uncertain," citing immediate concerns such as rising gas prices influenced by events in Iran and the Strait of Hormuz, and broader worries about AI potentially causing job losses.
  • There is widespread frustration with President Trump's economic approach, with two-thirds of the country believing his policies are negatively impacting the economy in the short term.
  • Neither the Democratic nor Republican party is perceived by a majority as effectively helping with the cost of living, although Democrats receive a relative edge.
  • Many Americans worry about the difficulty of finding desirable jobs and are concerned that AI will lead to job displacement.
  • The general outlook for the U.S. economy is pessimistic, with most people expecting either a recession or a slowdown.
  • A growing number of Americans feel that opportunities are worse for their generation compared to their parents' generation.
  • Republicans show a substantial gap in their approval ratings for President Trump, giving him high marks on immigration and overall approval but lower marks specifically on handling inflation.