Most Americans say the economy is getting worse

May 22, 2026

A new poll shows three out of four Americans think the economy is getting worse, and the Iran conflict is making everyday costs hurt more.

  • 76% of Americans say the economy is getting worse, only 20% say it is improving.
  • The Iran conflict is keeping gas prices high and the war shows no sign of ending soon.
  • Farmers say input costs like fertilizer and machinery parts have jumped to levels not seen since the 1980s, partly because of tariffs.
  • Renters and buyers are getting squeezed: one-bedrooms going for $2,100, mortgages running $2,600 plus property taxes and HOA fees.
  • The job market is brutal too, with single openings drawing thousands of applicants and people staying unemployed for many months.

Outlook: With no end to the Iran conflict in sight and costs rising across food, housing, and gas, household pressure will keep building in the near term.

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