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Gallup Poll Shows Optimism on Markets and Growth, Rising Worries on Inflation and Jobs

The mixed outlook is poised to color campaign messaging heading into the November midterms.

Overview

  • Half of respondents expect the stock market to rise over the next six months, while one quarter think it will fall.
  • Forty-nine percent foresee U.S. economic growth increasing in the near term, reflecting some recovery from last spring’s pessimism.
  • Sixty-two percent anticipate higher inflation and 50% expect unemployment to worsen, with Democrats expressing a darker outlook than Republicans.
  • Gallup surveyed 1,000 adults by phone from Jan. 2–17, with a margin of error of plus or minus 4 percentage points.
  • Media coverage ties the sentiment to the midterms, with Semafor reporting the White House is counting on larger spring tax refunds to help Republicans as Politico-cited analysts caution any boost may be short-lived.