U.S. Consumers Continue to Experience Economic Uncertainty

November 14, 2023

Every month, we conduct a survey to explore North Americans’ views on the economy, finances, and their respective governments. This month, our survey was conducted between October 27 and 29, 2023.

Our North American Tracker gives you a glimpse of U.S. consumers’ perspectives. It provides valuable insights that allow you to adapt to their shifting behaviors and establish a meaningful connection. 

The survey explores U.S. consumers’ perspectives on economic uncertainty, household finances, and U.S. politics.  

Our North American Tracker tracks U.S. consumers’ perspectives on these topics monthly. Would you like to be the first to receive the results? Subscribe to our newsletter now. 

The key highlights of this month’s survey are…

Economic concerns continue

  • More than half (55%) of U.S. consumers think the United States is currently in a recession.
  • 31% of U.S. consumers describe their household’s finances as poor (22%) or very poor (9%).
  • More than two-in-five (44%) U.S. consumers say they are living paycheck to paycheck.
  • Nearly two-in-five (39%) U.S. consumers who are currently employed are concerned about losing their job in the next 12 months, which represents a 6-point increase from last month.

Trump continues to receive high support from Republican voters.

  • If the Presidential election were to be held today, there would be a small gap between Joe Biden (45%) and Donald Trump (42%). Biden is significantly more popular in the West (61%), while Trump is more popular in the South (47%).
  • Donald Trump is the preferred Republican candidate for president in 2024, receiving the support of nearly two-thirds (62%) of Republican voters.
  • Half disapprove of Joe Biden’s job as president (51%), while a third approve (37%), a decrease of 6 points from our last tracker in August.

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