Tuesday, February 14, 2023
The voice of the world on everything that matters
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| Welcome to The Week in Charts, where we break down Gallup's latest insights on our constantly evolving world. Here are the five insights you shouldn't miss this week: | 1. The People's Economic Forecast | | | | With U.S. economists singing, nearly in harmony, about a potential recession, we asked Americans where they see key aspects of the economy heading in the next six months. Most Americans expect inflation to worsen a little to a lot, albeit less than at this time last year. Even more expect interest rates to rise as well. But unlike the days of the Great Recession, far fewer expect unemployment to soar.
Read Article | | | 2. Expectations Are (Almost) Everything | | | | Speaking of the Great Recession, looking back at 2007, it struck your humble author that far fewer Americans then expected the stock market to decline — let alone historically tank, as it did in 2008 — than foresee a downturn today. Whether it's the market volatility of the past year or recent messaging about a looming recession, Americans clearly think that investors are in for a rough ride this year.
Read Article | | | 3. Better Off, Worse Off? | | | | On the homefront, 50% of Americans report being financially worse off today than they were a year ago. It's hard to think of a more critical metric for U.S. households. While exactly half of Americans break into the negative, most still expect to be better off next year.
Read Article | | | 4. Unemployment Doesn't Mean What You Think It Means | | | | For generations, leaders have focused on unemployment as the metric to watch to assess how well or poorly a society is doing. Our latest from Gallup CEO Jon Clifton breaks down exactly how that rate ends up displaying a picture that is different from realities on the ground. But how can we more accurately measure real unemployment?
Read More | | | 5. A Historical Look at Race Relations | | | | As Black History Month continues, it's always illuminating to take a look back at our data from generations past. In 1958, a year after the violence that erupted over desegregation at Central High School in Little Rock, Arkansas, we asked Americans about race relations in the South. More of them expected things to get worse (49%) than better (29%). | | | | And that's The Week in Charts! Mohamed Younis
Editor-in-Chief
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