Edelman's research organization, StrategyOne, conducted a survey that suggests Americans fear the onset of a double-dip recession and the consequences of European financial problems.
65% of the 1,000 Americans polled last week believe it is likely the US will experience a double-dip recession, and 72% fear Europe's financial woes will hinder economic recovery in the US.
Overall perceptions of the current economy should most concern those who sell customer goods and services. The belief that the economy is slowing down once more has led to Americans reducing their overall spending.
Most of those polled (92%) agreed the US is still in recession—only 4% believe the economy is fine, while 39% say the economy is in “mild” recession.