CNBC All-America Economic Survey: Half of the respondents say prices are rising faster than usual

Economic Sentiment - Americans' views on the economy have turned negative in the third quarter, influenced by inflation, job concerns, and the government shutdown [1][2] - A significant 75% of respondents believe prices are rising, with 50% indicating that prices are increasing faster than usual [2] - There is a low expectation for wage increases among the population, contributing to a negative outlook on job security [3] Political Impact - The survey indicates a partisan divide in economic sentiment, with Democrats showing a -90% approval rating for the president's economic handling, while Republicans are at +90% [6] - Independents are also negative, with a -30 to -20 rating on the president's economic management [6][8] - The public largely blames Republicans and the president for economic damage due to the shutdown, with 53% attributing blame to them compared to 37% for Democrats [8] Investment Preferences - Despite negative economic sentiment, the stock market continues to rise, but gold has emerged as the top investment choice among respondents [4][5] - Concerns about tariffs affecting small businesses and manufacturing are noted, indicating potential disruptions that may not be immediately visible in economic data [10][11] Economic Disparities - The economy is perceived as bifurcated, with wealth concentrated at the top while middle and lower-income groups face challenges [9][10] - There is growing uncertainty in the business environment, particularly among small businesses, which may struggle to adapt to changing economic conditions [11]