Plus: Tariffs, Inflation, Financial Concerns, Workers’ Emotions
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| The voice of the world in numbers | | May 6, 2025 | | | Welcome to Front Page, 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. Is Trouble Coming for U.S. Economy? | | The Data: Just 24% of Americans believe the economy is currently growing, while 75% say it's slowing down, in a recession or in a depression. One-Year Prediction: For the first time, as many Americans predict the economy will be in a recession or depression a year from now (47%) as forecast economic growth (45%). Expectations for an economic recession or depression are at a historic high in Gallup's trend since 2008. More on Economy | | | 2. Most Expect Tariffs to Boost Prices, Not Jobs | | The Data: Nearly nine in 10 Americans (89%) think it's “very” or “somewhat” likely that tariffs will drive up consumer prices, while expectations are split on whether they will create U.S. manufacturing jobs. Partisan Divide: Republicans are highly optimistic about job creation resulting from the tariffs, while Democrats overwhelmingly expect higher costs without employment gains. Full Story | | | 3. It's My Wallet, Stupid | | The Data: Inflation remains the No. 1 financial problem facing American families, cited by 29%. This is down from 41% a year ago but still elevated historically. Trend Note: Inflation has led Gallup's measure of Americans' financial worries since 2022, underscoring continued cost-of-living pressures on consumers. Latest Figures | | | 4. Medical Costs, Retirement Lead Financial Anxieties | | The Data: Majorities of Americans worry about affording retirement (59%) and serious medical expenses (59%), followed closely by maintaining their standard of living (57%). Other Financial Concerns: Half of U.S. adults (53%) are concerned about poor investment returns, while worries about normal healthcare costs (45%), monthly bills (42%) and housing costs (38%) are somewhat lower. Most parents of minors are concerned about college costs, with 64% “very” or “moderately” worried. See the Full List | | | 5. Global Emotional Economy of Work | | The Data: Global employee wellbeing declined for the second year in a row, with 33% of workers rating their lives positively enough to be considered “thriving.” Deeper Insight: Managers experienced the steepest decline in life evaluations, while workers categorized as “individual contributors” saw a slight gain. Get the Report | | | | | |
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