CNBC All-America Economic Survey: Half of the respondents say prices are rising faster than usual
CNBC Television·2025-10-17 22:04

Economic Sentiment - American's view on the economy turned negative in the third quarter [1] - Inflation, jobs, and the government shutdown are key issues bothering average Americans [2][1] - 75% of Americans think prices are rising, with 50% saying they are rising faster than usual [2] - A low number of people think their wages are going to be increasing [3] - More people are worried about finding or losing their job [3] Political Impact - President Trump receives positive feedback on the southern border but negative feedback on deporting illegal immigrants [4] - Tariffs and inflation/cost of living are significant concerns for Americans [4] - 53% of the public blames Republicans and the president for the economic damage from the shutdown, while 37% blame Democrats [8] Investment Outlook - Gold was the number one investment choice, indicating pessimism despite the rising stock market [5] - There is concern about a "hollowing out" in the middle and lower end of the economy due to tariffs [11] - Tariffs have potentially been disruptive on a small business or small manufacturing level [10] - Uncertainty is a significant factor in business and small business surveys [11]