All America Survey On Consumers 8/10/26

The CNBC All America Economic Survey reveals historically high consumer pessimism despite a booming stock market and a recent drop in gas prices. Only 25% are optimistic about the economy, the worst reading since late 2023. Inflation worries remain ingrained across all demographics, while sentiment splits sharply along political lines, with Democrats and independents far more pessimistic than Republicans. - Survey finds 61% of the public pessimistic about the economy and future, the highest since December 2023. - Only 25% are optimistic, despite a booming stock market and falling June gas prices. - Inflation concern is pervasive across every age group and demographic. - The decline in gas prices after a brief Iran ceasefire did little to lift consumer spirits. - Sentiment is politically split: Democrats and independents are far more pessimistic than Republicans. - Persistent pessimism is keeping President Trump's approval numbers low. - Pollsters note inflation fears are 'ingrained' over five years, reinforced by tariffs and oil price volatility.