President Trump's initial electoral success was partly due to strong public confidence in his economic policies. However, just 100 days into his second term, support has drastically decreased, with steep declines in the stock market and consumer confidence. Key economic indicators suggest the U.S. may be on the brink of a recession, as recent data shows a decline in real GDP. The declining optimism presents a stark contrast to the pre-election sentiment where the economy was a vital concern for 78% of voters.
Widespread fear and pessimism among American investors and consumers is well founded, as the U.S. may be in the early stages of a recession.
According to a pre-election survey, 78% of Americans said the economy was a "very important" factor in deciding how to vote - the largest share of any policy area.
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