--- title: More Than Half of Voters Expect the Economy to Be Even Worse in a Year description: In a new Morning Consult/Politico poll, 53% of voters said they're expecting the economy to get worse over the next year. authors: - name: Sarah Hansen role: Senior Writer url: https://money.com/author/sarah-hansen/ bio: Sarah Hansen is a senior writer at Money covering all things personal finance. Previously, she covered economic policy and capital markets on the breaking news desk at Forbes. education: Northwestern University, New York University at_money_since: 2021 articles: 347 covers: - Economy and Politics - Banking - Business - Career Advice - Credit - Credit Cards - Education - Health and Wellness - Housing - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping - Taxes social: - https://www.linkedin.com/in/sarah-m-hansen/ former_staff: true published: '2022-10-20T20:02:35.000Z' modified: '2024-01-10T17:42:06.000Z' section: Economy and Politics word_count: 364 canonical: https://money.com/voters-expect-economy-worse/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![People waiting in line to shop in a department store](https://img.money.com/2022/10/News-Voters-Say-Economy-Will-Be-Worse.jpg?crop=0px%2C143px%2C2880px%2C1620px&quality=85) Rising grocery bills got you down? You're not alone — a new poll shows Americans are getting increasingly pessimistic about the economy. More than half of voters (specifically, 53%) are expecting the U.S. economy to get worse over the next year, according to the results of a [new survey](https://morningconsult.com/2022/10/19/us-economy-better-or-worse-inflation-survey-data/?utm_source=newsletter&utm_medium=email_newsletter&utm_campaign=feature_story&utm_content=Snyder_Finance_1_10192022&mkt_tok=ODUwLVRBQS01MTEAAAGHj3OgZugpAwNbEKxJ9p6mrPGY0OecAnUbqS6XvrtF0GUSO_sxF_wtplkKHJ8jq3sjSfNPqkuysawDYFr4Ooa19aAgfl_nVM1Ua-dSQgBdS_Q6) of roughly 2,000 people from decision intelligence firm Morning Consult and Politico. That’s a six-percentage-point increase from 2021 — one largely fueled by the changing attitudes of Democratic and independent voters. Over the last year, the portion of Republican voters who said they believe the economy will get worse in the next 12 months actually ticked down slightly, from 72% to 71%. The share of Democrats saying the same grew by 10 percentage points, on the other hand, from 23% to 33%, while the share of independent voters with that outlook rose from 49% to 56%. ## Why more voters think the economy will get worse It’s no wonder some people are feeling down about the country’s economic prospects. A [recession](https://money.com/are-we-in-a-recession/) is likely looming (or may have already started, depending on who you ask). A recent [analysis](https://www.bloomberg.com/news/articles/2022-10-17/forecast-for-us-recession-within-year-hits-100-in-blow-to-biden) by Bloomberg put the odds of the U.S. entering a recession within the next year at 100%. Consumer prices are soaring — especially for essentials like groceries and gasoline — and the Federal Reserve has been rapidly [raising interest rates](https://money.com/fed-interest-rate-hike-july-2022/) to bring [inflation](https://money.com/items-prices-rising-faster-than-inflation/) back down. Alas, prices were 8.2% higher in September than they were a year ago, even after multiple interest rate hikes, and [gas prices](https://money.com/why-gas-prices-arent-falling-forecasts/) have risen 20 cents per gallon in the last month alone. This week, President Joe Biden doubled down on his efforts to bring down prices at the pump ahead of the midterm elections, including the release of additional oil from the U.S.' stockpile. That’s not to mention the stock market, which is still struggling to find its footing after entering a [bear market](https://money.com/investing-moves-dow-bear-market/) earlier this year. Right now, the [S&P 500](https://money.com/how-to-invest-in-sp500/) index is down more than 20% since January. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/voters-expect-economy-worse/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Economy and Politics", "item": "https://money.com/economy-and-politics/" }, { "@type": "ListItem", "position": 3, "name": "Elections", "item": "https://money.com/elections/" }, { "@type": "ListItem", "position": 4, "name": "More Than Half of Voters Expect the Economy to Be Even Worse in a Year" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/voters-expect-economy-worse/#webpage", "url": "https://money.com/voters-expect-economy-worse/", "name": "More Than Half of Voters Expect the Economy to Be Even Worse in a Year", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2022-10-20T20:02:35.000Z", "mainEntity": { "@id": "https://money.com/voters-expect-economy-worse/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/voters-expect-economy-worse/#breadcrumb" }, "dateModified": "2024-01-10T17:42:06.000Z" }, { "@type": "Article", "headline": "More Than Half of Voters Expect the Economy to Be Even Worse in a Year", "articleSection": "Economy and Politics", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2022/10/News-Voters-Say-Economy-Will-Be-Worse.jpg?crop=0px%2C143px%2C2880px%2C1620px&quality=85", "width": 1012, "height": 569, "caption": "News-Voters-Say-Economy-Will-Be-Worse" } ], "author": [ { "@type": "Person", "name": "Sarah Hansen", "url": "https://money.com/author/sarah-hansen/", "@id": "https://money.com/author/sarah-hansen/#author", "description": "Sarah Hansen is a senior writer at Money covering all things personal finance. 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