Most Americans pessimistic about US economy: poll

NEW YORK — More Americans were pessimistic about the US economy than they have been in the last six years, a new poll showed.

When given four choices — economic recovery, stagnation, recession, or depression — to describe the US economy, 51 percent of the respondents believed the United States is in a “recession” or “depression,” according to the Suffolk University/USA Today poll.

The poll, released on Sunday, was the first of the kind in which a majority of Americans were negative on the economy in the last 18 polls dating back to 2016.

This signaled a marked negative shift in the perceptions of the economy, USA Today said.

According to the poll, 57 percent of the respondents disapproved of President Joe Biden’s job performance, and 58 percent disapproved of his handling of the economy.