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6 in 10 Americans continue to say US economy in bad shape

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ANI Washington
Last Updated : Jul 25 2013 | 3:25 PM IST

A new CBS News poll has revealed that Americans' dissatisfaction with the economy continues along with their disapproval of President Obama's and Congress' handling of it.

The poll done by the CBS News has found out that Americans continue to rate the nation's economy badly. Six in 10 say it is in bad shape, while 37 percent say it is good.

While 30 percent think the job market is getting better, about 29 percent feel it is getting worse, the report said.

Meanwhile, 48 percent Americans think the housing market is improving. The public is three times likely to say the stock market is getting better than getting worse.

More Americans continue to disapprove (49 percent) than approve (45 percent) of President Obama's handling of the economy.

The report further added that 40 percent Americans want Congress to concentrate on the economy now.

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Nearly two in three Americans are skeptical as to whether Congress can address and solve the most important issues and problems facing the country. Majorities of Republicans, Democrats and independents are not confident.

Congress continues to get a low 17 percent approval rating, the report added.

The reasons behind these views of Congress among those who disapprove of Congress, the most widely mentioned is that Congress is not working together, is in gridlock and fighting.

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First Published: Jul 25 2013 | 3:11 PM IST

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