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After deteriorating since early January, has Americans’ economic outlook stabilized? In an analysis of its daily tracking data so far this year, Gallup concludes that it has, although “stabilized” might in this case be a polite way of saying “hit bottom.” Or, as Gallup remarks, opinion has stabilized at “very dismal levels.”
The proportion of Americans rating the economy as “poor” jumped from 28 percent at the beginning of the year to 39 percent at the beginning of March, then rose at a slower pace, to 43 percent, by the beginning of April.
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