Overseas Network, April 6th In the context of the impact of the epidemic and continued inflation, a new survey by US media shows that more than 80% of the American people are worried that the country’s economy will decline rapidly in 2022, and those with declining economic income are more worried about the US economic downturn. risk.
According to a report by the US Consumer News and Business Channel (CNBC) on the 5th, a joint poll by CNBC and Momentive shows that about 81% of American adults are worried that the US economy will continue to decline in 2022.
Inflation has hit many Americans hard and could further hamper the U.S. economic recovery. The U.S. consumer price index soared 7.9% in February from a year earlier, the biggest gain since January 1982. Prices of housing, food and energy all rose. “Inflation is the devil for economic recovery,” said Robert Frick, a corporate economist at the U.S. Navy Federal Credit Union.
U.S. media said that if prices continue to climb, people may cut back on spending and companies will stop hiring. If the Fed continues to raise interest rates to curb inflation, it will further slow the economy.