Economic Conditions

During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau […]

Overview Barack Obama’s job approval rating has tumbled since shortly after his re-election, as the public’s economic expectations for the coming year have soured. Despite substantial public awareness of recent gains in the stock market and rebounding real-estate values, the percentage saying economic conditions will get worse over the next year has risen to its […]

Young adults shrunk the amount of debt they were carrying by 29% between 2007 and 2010.

Overview As federal spending cuts take effect and the stock market has reached record highs, the public continues to say they are hearing a mix of good and bad news about the economy. Overall, 58% say they have been hearing mixed economic news; a third (33%) have been hearing mostly bad news about the economy, […]

The forced budget cuts, known in Washington as sequestration, are now in force. These reductions in defense spending, anti-terrorism activities, foreign aid and the budget for the State Department will shrink the U.S. footprint around the world, with consequences for the projection of both U.S. hard and soft power.

Overview While many Americans may be resigned to seeing automatic spending cuts in the budget sequester go into effect, the public is concerned about the potential impact of the reductions. A new national survey by the Pew Research Center and The Washington Post, conducted Feb. 21-24 among 1,000 adults, finds that most say the budget […]

Overview As the March 1 deadline for a possible budget sequester approaches, a new national survey finds limited public support for reducing spending for a range of specific programs, including defense, entitlements, education and health care. For 18 of 19 programs tested, majorities want either to increase spending or maintain it at current levels. The […]

After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]

Overview After a series of fiscal crises over the past few years, the public is not expressing a particular sense of urgency over the pending March 1 sequester deadline. With little more than a week to go, barely a quarter have heard a lot about the scheduled cuts, while about as many have heard nothing […]

Overview A majority of Americans (54%) approve of the U.S. Postal Service’s recent decision to halt Saturday delivery of letters, while 32% disapprove of the decision. The planned end of Saturday mail delivery is a rare government decision that garners bipartisan support – 58% of independents approve of the action, as do 57% of Republicans […]