Economic Sentiment Poll Reveals Dismal Outlook

A recent poll conducted by the Wall Street Journal has indicated a significant decline in positive economic sentiment among Americans. Currently, only 31% of respondents feel that hard work leads to achieving the American dream, a stark drop from 46% who held that belief in the past. Meanwhile, 23% outright disagree with the notion of the American dream being attainable. This represents the highest level of pessimism recorded in opinion polls over the last 15 years.

The survey, which took place between July 10 and July 23, 2025, has a margin of error of +/- 3.39% at a 95% confidence level.

Concerns About Food Costs

Many individuals express worries about rising food prices. In fact, 28% are very concerned, 30% are somewhat concerned, while only 10% regard it as a minor issue, and a mere 4% seem uninterested altogether.

Notably, 66% of respondents mentioned they have resorted to cheaper grocery items to manage their expenses, whereas only 33% did not feel the need to change their shopping habits.

Generational Doubt in the American Dream

When it comes to younger generations, dissatisfaction seems to be taking root. Surveys show that just about 25% believe they and their families have a realistic chance of improving their quality of life. A mere 6% strongly agree with this idea. Survey results reveal record lows in optimism about economic progress since 1987.

A majority of people compared their purchasing challenges to those faced by their parents, with 58% stating that buying a home is significantly harder. Only a small fraction—just 2%—believe it’s easier now, while 5% find it a bit more manageable.

In contrast, some in the Trump administration are highlighting low gas prices and rising wages as signs of economic improvement, but whether these factors convince the majority remains uncertain.