Marquette Law School Survey

Only 28% Rate U.S. Economy Positively

A recent survey found that Americans are more concerned about inflation and the cost of living than the Iran war.


Photo is not related to specific content of the article. Pixabay

Photo is not related to specific content of the article. Pixabay

View original image

According to a poll conducted by Marquette University Law School between July 22 and 29 among 1,076 U.S. adults, 35% of respondents identified the cost of living and inflation as the most important current issues, the university announced on August 5 (local time).


The cost of living and inflation have consistently ranked as the top concern in every survey since January of this year.


Only 28% of respondents rated the current state of the U.S. economy as "very good" or "good."


At the end of last month, the Federal Reserve kept its benchmark interest rate unchanged for the fifth consecutive time. However, three Fed governors argued for a rate hike, citing that the inflation rate has remained above the 2% target for more than five years.


The Iran war, one of the major issues, ranked third at 10%, following cost of living and inflation, and the overall economy (15%). This is the lowest level recorded in the past three months.


The Iran war, now in its sixth month, has failed to gain public support among Americans.


Since the outbreak of the war, 18 U.S. troops have been killed in combat, and the U.S. Department of Defense estimates the cost of the war at 37.5 billion dollars (about 53 trillion won).


Seventy-five percent of respondents said the war was not worth the cost, a slight increase from the 72% recorded in June's poll. Additionally, 88% of respondents said the United States has failed to achieve its objectives in the Iran war.



Other issues—such as healthcare and social security systems, the Voter Qualification Protection Act, public health, and immigration and border security—were cited by fewer than 10% of respondents each as the most important concerns.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing