Cooling Economy Cools American Economic Anxieties

Despite a slowing job market, Americans are feeling more optimistic about the economy. This positive shift comes as inflation, which peaked in 2022, has fallen to near-normal levels. While job growth has slowed and job openings have decreased, consumer confidence is rising, likely due to stabilizing prices for essential goods and services. This economic climate, with its balance of growth and cooling inflation, is seen as potentially favorable for the current Democratic administration.