good morning! It’s Daniel de Vis with your daily money. Today we offer conflicting views on the US economy.
If you are an American worker, you are probably worried about the future of your company. We are also concerned about the overall US business environment.
These are the worsening opinions found by Glassdoor, a work site and online work community. With approximately 70,000 responses that comprise the May survey, 44% of workers expressed a six-month positive outlook for businesses. This is the lowest recorded level in nearly 10 years of research history.
This is the data.
However, optimism is rising among investors
However, another study suggests that Americans may have become much better at adjusting negative news and forecasts, at least when it comes to investment.
Individuals surveyed by the investment platform Wealthfront continued their investments until April, a month of stock market volatility caused by President Donald Trump’s tariffs.
And many say they plan to invest more in US stocks in the future.
Prices rose more than expected in May
Inflation was high in May, but it was more stable than expected as another drop in gasoline prices was partially offset by the early effects of Trump’s broad tariffs.
According to the Labor Bureau’s Consumer Price Index, consumer prices rose 2.4% from the previous month’s four-year low, on a measure of average changes in goods and services costs.
This is the complete story.
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About daily money
Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.
Daniel de Vice covers USA Today’s personal finances.