U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. Here’s why.

While an uptick in inflation is unsettling, the recent news from the labor market is “downright alarming,” they said.

Trump’s overall approval rating sits at 43%, while just 34% of registered voters say he has “lived up” to expectations on the economy, 33% say he has “looked out for the middle class” and 30% say he met expectations on inflation, according to a new NBC News poll released Sunday.

Nearly three-in-four U.S. adults (74%) say economic conditions are only fair or poor, up slightly from 72% in January 2024.

Learn about economic conditions, key indicators like GDP and inflation, and their impact on investments. Explore strategies for navigating economic cycles effectively.

Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points, according to an estimate published by EY-Parthenon chief economist Gregory Daco. That cost is a function of reduced pay for federal employees, delayed government procurement of goods and a decline in demand.

The Trump economy is marked by tax cuts, tariffs and shifting Federal Reserve interest-rate policy. Inflation stood at 2.9% in August 2025.

About half of American pastors say the current economy is negatively affecting their congregations, a noticeable drop from the previous year when around two-thirds said the same, according to a

After giving some statistics, Herridge focused his opening statement to lawmakers towards the future. Like Governor Patrick Morrisey who appointed Herridge to the role of secretary of commerce, Herridge believes that West Virginia is on the verge of being a national leader in energy production.

Evan Brown, head of multi-asset strategy at UBS Asset Management, joins CNBC’s ‘Fast Money’ to discuss how he sees the current economy, what to expect from Wednesday's Fed meeting, and more.