Published August 18, 2022 9:00am EDT
Despite inflation, gas prices easing, some Americans worry economy is still struggling
Many Americans say economy hasn't recovered despite eased inflation
By Isabelle McDonnell , Megan Myers | Fox News
ST. LOUIS – Americans outside Busch Stadium told Fox News how they felt about the state of the economy, with many believing the worst isn't over.
"I think we’re in a recession," Eric, from St. Louis, said. "The economy is slowing down."
But Carl, visiting St. Louis, said the economy is "getting better."
"It’s recovering," he said.
Nearly three-quarters of registered voters said the U.S. economy is still struggling, while the remaining quarter believed the worst financial struggles are over, according to a recent Fox News poll.
"I don’t think it will turn a corner for a while," Becky, from Springfield, Missouri, told Fox News. She said America needs to be more self-sufficient and increase domestic oil production.
"Our gas prices are horrible," Becky said. "Our economy is horrible."
Gas prices dipped below $4 a gallon in August after surpassing $5 per gallon in June, a record high, according to AAA. Inflation, which hovered at 40-year highs through much of 2022, decreased slightly to 8.5% in July, according to the Department of Labor.
Yet some Americans said they still felt the impact of inflation.
"We have runaway inflation," Bill, from St. Louis, told Fox News. "I think we’re headed to a recession."
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https://www.foxnews.com/us/despite-inflation-gas-prices-easing-americans-worry-economy-still-struggling
