WASHINGTON, D.C. -- As the novel coronavirus outbreak has shut down much of the U.S. economy, a majority of Americans believe the country is in either an economic recession (37%) or a depression (21%).
Most of the rest, 39%, believe the economy is "slowing down," while just 3% think it is growing.Last week, Gallup reported on the increasing expectation that the U.S.
economy would enter a recession. In this new question, first asked on March 24, a majority already believe the U.S. is in a recession, if not a depression.
These attitudes have been steady over the past week. The figures reported here are based on March 27-29 interviewing.Americans' perceptions of the economy are largely influenced by their party identification.