Perception of the U.S. economy improved in November despite recession fears, a new Gallup poll finds

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Perception of the U.S. economy improved in November despite recession fears, a new Gallup poll finds
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More than half of respondents rated economic conditions as either excellent or good, while only 9 percent said they were poor—that's the lowest such rating since immediately after the terrorist attacks on September 11, 2001, Gallup reported.

American's evaluations of the economy are the highest since July, according to a Thursday poll by Gallup of more than 1,000 U.S. residents.

In September and October, reports of a looming recession may have weighed down Americans' perception of the economy, Gallup's numbers suggest. Now, most respondents think it's improving and report satisfaction with"the way things are going" more generally, the poll said. Amid impeachment hearings and funding disagreements that seem to polarize lawmakers, Democrats and Republicans are almost equally likely to name the government as America's foremost problem, but their specific complaints differ. Democrats were more likely to mention"President Trump" in their comments, whereas Republicans reported issues with"Congress,""Impeachment" or"Democrats," according to the survey.

The economy added 128,000 jobs in October, according to the U.S. Department of Labor, while the decades-low unemployment rate still hovered around 3.6 percent. At the same time, nominal wage growth since the last recession has been low and flat, according to the Economic Policy Institute, and has yet to recover to 2008 highs for workers in the private-sector.

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