{"id":1051925,"date":"2025-03-10T14:19:11","date_gmt":"2025-03-10T18:19:11","guid":{"rendered":"https:\/\/democrats.org\/?p=1051925"},"modified":"2025-03-10T14:19:11","modified_gmt":"2025-03-10T18:19:11","slug":"report-americans-expect-fallout-from-trumps-disastrous-economic-agenda","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/report-americans-expect-fallout-from-trumps-disastrous-economic-agenda\/","title":{"rendered":"REPORT: Americans Expect Fallout From Trump\u2019s Disastrous Economic Agenda"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"449\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" alt=\"\" class=\"wp-image-1050776\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png 1101w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=300,132 300w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=768,337 768w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=1024,449 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Key Point:<\/strong> \u201cHouseholds expressed more pessimism about their year-ahead financial situations in February, while unemployment, delinquency, and credit access expectations deteriorated notably. \u2026 Mean unemployment expectations\u2014or the mean probability that the U.S. unemployment rate will be higher one year from now\u2014jumped 5.4 percentage points to 39.4%.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.newyorkfed.org\/newsevents\/news\/research\/2025\/20250310\"><strong>Federal Reserve Bank of New York<\/strong><\/a><strong>: Consumers\u2019 Pessimism About Their Future Financial Situations Increases<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><mark style=\"background-color:#fcb900\" class=\"has-inline-color\">Households expressed more pessimism about their year-ahead financial situations in February, while unemployment, delinquency, and credit access expectations deteriorated notably.\u00a0<\/mark><\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Median home price growth expectations increased by 0.1 percentage point to 3.3%.<\/strong><strong><br><\/strong><\/li>\n\n\n\n<li><strong>Median expected price growth increased by 1.1 percentage points for gas to 3.7% <\/strong>(its highest level since June 2024), 0.5 percentage point for food to 5.1% (its highest level since May 2024), 0.4 percentage point for the cost of medical care to 7.2%, 1.0% percentage point for the cost of a college degree to 6.9%, and 0.7 percentage point for rent to 6.7%.<br><\/li>\n\n\n\n<li><strong><mark style=\"background-color:#fcb900\" class=\"has-inline-color has-black-color\">Mean unemployment expectations\u2014or the mean probability that the U.S. unemployment rate will be higher one year from now\u2014jumped 5.4 percentage points to 39.4%, its highest reading since September 2023. The increase was broad-based across age, education, and income groups.<\/mark><\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The average perceived probability of missing a minimum debt payment over the next three months increased by 1.3 percentage points to 14.6%, the highest level since April 2020.<\/strong><br><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key Point: \u201cHouseholds expressed more pessimism about their year-ahead financial situations in February, while unemployment, delinquency, and credit access expectations deteriorated notably. \u2026 Mean unemployment expectations\u2014or the mean probability that the U.S. unemployment rate will be higher one year from now\u2014jumped 5.4 percentage points to 39.4%.\u201d Federal Reserve Bank of New York: Consumers\u2019 Pessimism About [&hellip;]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1051925","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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