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Tuesday, March 31, 2020
Worries About Coronavirus Surge, as Most Americans Expect a Recession – or Worse
Americans are increasingly alarmed by the rapid spread of the new coronavirus, with sharply growing majorities saying the outbreak poses a major threat to the health of the U.S. population and the nation’s economy. Many report that their own lives are already being negatively affected: 33% say they or someone in their household has lost their job or suffered a pay cut or reduction in work hours because of the coronavirus.
There is broad public agreement that the nation is confronting a crisis. Two-thirds of Americans – including majorities in all major demographic and partisan groups – say COVID-19 is a “significant crisis.”
And their outlook for the national economy is bleak. Nearly two-thirds of Americans (65%) say the coronavirus outbreak will cause a recession or depression in the U.S., including nearly one-in-five (17%) who anticipate a depression. Read More
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