US citizens by a large majority believe the United States is on the wrong track and nearly half think the worst is yet to come in the economy, a Reuters/Ipsos poll said today.
US President Barack Obama's approval rating dropped to 45% from 49% a month ago, according to the poll conducted from last Thursday to Monday - a period that included a historic downgrade of US credit rating, new recession fears and the start of a stock market sell-off.
The poll found that 73% of US citizens said the United States is on the wrong track, and just 21% said the country is headed in the right direction.
The survey of 1,055 adults found that 47% of respondents said the worst is yet to come in the US economy, an increase of 13 percentage points from a year ago when this question was last raised. This is the highest measure since March 2009, when concern peaked at 57%, at the height of the recession.