![Why do so many Americans think were in a RECESSION?](https://cf.girlsaskguys.com/q5234411/8509640a-f58d-402d-b588-3c3be27080b9.jpg)
According to a recent Harris poll published by the Guardian.
Among the 2,000+ participants in the survey:
* 56% think the US is currently experiencing a recession, and 55% believe the economy is shrinking. (GDP—a key measure of economic activity—is growing.)
* 72% believe inflation is going up. (It’s more than halved from a 2022 peak of 9.1% and is hovering between 3% and 4%.)
* 49% think the current unemployment rate is at a 50-year high. (It’s near a 50-year low.)
* 49% believe the S&P 500 is on the decline. (It’s risen more than 12% this year, and Wall Street is raising its expectations for the index’s year-end performance. The Dow also just made record gains.)
So, why do you think so many Americans think we're in a recession... when we are not?
As a general rule, perception is more important than fact... and this is an excellent example of that.