Survey: More Than A Year Into The Pandemic, Americans Say COVID Is Still Economy’s Biggest Threat

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The U.S. labor market has dramatically improved since the coronavirus outbreak first swept the nation more than a year and a half ago, but a new Bankrate poll finds that Americans are still worried about its lingering effect on the economy — and their wallets.

Nearly 2 in 5 Americans (or 39 percent) cited the pandemic as the dominant threat to the economy over the next six months. That fear trumped the political environment in Washington (21 percent) by almost two-fold. Worries about inflation (14 percent) came in a distant third. Illustrating the concern, more than 3 in 5 Americans (or 63 percent) are worried that those threats could negatively affect their jobs or incomes over the same time frame, the poll found.

Vaccinations and loosening restrictions have helped U.S. economic growth bounce back to pre-pandemic levels, while some economists say the financial system is on its way toward the fastest annual growth rate since 1984. Yet, headwinds could…

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