Amid a tight race for the presidency, Americans’ views on the economy could spell trouble for Vice President Kamala Harris, experts told Newsweek.
Between April and June, the U.S. economy expanded at an annual rate of 2.8 percent, an improvement from the previous quarter’s 1.4 percent, according to the U.S. Bureau of Economic Analysis.
Meanwhile, 114,000 jobs were added to the economy in July alone, while inflation reached its lowest level in more than three years, data from the U.S. Bureau of Labor Statistics showed.
Despite these positive economic indicators, surveys reveal that many voters remain pessimistic about the economy.
The University of Michigan Consumer Sentiment Index (CSI), which measures the overall health and outlook of consumers’ attitudes toward the economy, shows that the consumer sentiment score for 2024 stands at 67.9.
The CSI is…