Americans Are Still Worried

U.S. unemployment is down. Consumer confidence is up. Inflation is low.  The economy is voters’ top concern ahead of the midterm elections next month, ranking ahead of national security, according to a recent Politico poll.

Only 42% of those surveyed by CNN late last month thought the economy was in good shape. While that’s the highest share since January 2008 and an improvement from the 29% who felt this way a year ago, it’s still weak overall.

Let’s take a look at what’s going right: The unemployment rate is below 6% for the first time since 2008. Job openings are back to 2001 levels. Consumer confidence is at its highest point since before the recession, and inflation remains a tame 1.7%.  Sounds great, but it’s taken the country a long time to get to this point, said Richard Curtin, chief economist of the Thomson Reuters/University of Michigan Survey of Consumers.

CNN

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