Seven in 10 Americans now believe the U.S. economy is in either a recession (40%) or a depression (30%). The combined percentage has increased by 12 percentage points in the past week, and by 15 points since Gallup's first measurement in late March. The latest results are based on April 3-5 interviewing in Gallup's ongoing tracking of the COVID-19 situation. Economists usually determine the existence of a recession well after the downturn starts, so it is not yet known if the U.S. is officially in a recession the way it's typically defined. But the effects of the novel coronavirus and the steps taken to prevent its ... (full story)