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Americans have become more pessimistic about the current economic situation, according to a new poll released Thursday.

The new CBS News/YouGov survey found that nearly two-thirds of respondents (29%) said they expect the economy to grow next year, down 5 points from February. The number of Americans who believe the economy will recession in 2025 increased by 5 points, from 23% in February to 28% this month. About 21% of respondents (the same number as last month) said the economy will slow down in 2025.

The poll found that about 57% of people who earn about $50,000 said their financial situation was “not good”, while 39% thought it was “good.” Of those who earn between $50,000 and $100,000 a year, 61% say they are in good financial condition, but 35% say it’s bad.

Only one-third of Americans (33%) said the economy is currently good, the same as last month. The survey shows that about 60% of respondents said their economy was in poor condition, a figure that has remained unchanged since February.

According to the poll, most of us adults (76%) believe that their income is not keeping up with inflation, while less than a quarter of 24% say, instead. About 70% of respondents are also worried about retirement savings, while 30% say “safe.”

While about half of Americans believe the economy is getting worse, President Trump’s recognition rate has increased support from Republican voters, especially men, during his second term, and now accounts for 46%.

NBC News Survey released earlier this month found that only 18% of Americans said their economy was “excellent” or “good”.

The CBS News/YouGov poll was conducted from March 24 to 26 of 2351 respondents. The error margin is 2.5 points.

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