Despite signs of slowing growth and accelerated inflation, Democrats are increasingly optimistic about America's economy, with 40% now saying it is getting better compared to 32% a month ago.
Key Points
Democrats' perception of the economy improving has increased by 8 points.
Contrary to economic data, Democrats are more optimistic.
Independents and Republicans have shown less change in economic perceptions.
Pros
Increased optimism may lead to higher consumer confidence and spending.
Positive outlook can boost morale and support for economic policies.
Cons
Optimism may be disconnected from actual economic data.
Overestimation of economic improvement could lead to complacency.