2025 WSJ-NORC Poll: Americans' Comfortable Pessimism on Economic Future

The 2025 WSJ-NORC poll reveals a “comfortably pessimistic” mindset among Americans: while over 60% report satisfaction with their current financial situation [1], most lack confidence in long-term economic progress. This dichotomy—positive personal outlook vs. negative national sentiment—is a common public opinion trend [2]. The erosion of belief in upward mobility (25% of respondents think they can improve their standard of living, the lowest since 1987 [3]) and skepticism toward the American Dream (69% doubt its validity [2]) signal a loss of faith in the U.S. economic system’s ability to provide equal opportunities. This pessimism may lead to cautious consumer behavior, such as increased savings and delayed major purchases [1].

Cross-domain connections emerge from the poll results:

1. Economic
   : Pessimism about the future could reduce consumer spending, a key driver of GDP growth [2].
2. Political
   : Candidates articulating credible long-term economic visions may gain voter traction [2].
3. Market
   : Consumer discretionary stocks could face pressure if sentiment worsens, as spending on non-essentials declines [1].
4. Policy
   : Policymakers need to address unresolved issues (e.g., housing affordability, income inequality) to restore confidence [1].

• Reduced consumer spending slowing economic growth [2].
• Policy inaction exacerbating long-term pessimism [1].
  
  Opportunities
  :
• Policymakers can implement measures to improve housing affordability and labor market stability [1].
• Businesses can adapt to cautious consumer behavior by offering value-focused products [1].

• Poll details: 1,527 U.S. adults, ±3.4% margin of error [2].
• Historical context: The 25% upward mobility belief is the lowest since 1987 [3].
• Sentiment split: 60%+ comfortable with current finances vs.45% expecting a worse economy [1,2].