Economic surveys show income stagnation in Brazil and shifting sentiment in the US

Recent economic surveys highlight varying levels of financial strain in Brazil and the United States. In Brazil, a Quaest poll indicates that 33% of respondents report stagnant family income over the last year, while 21% state their income rose at a rate lower than the cost of living. Another 33% report that income and living costs increased at the same pace, with only 10% reporting income gains that outpaced inflation.

The survey also noted a correlation between economic perception and political intent. Among voters who reported income increasing faster than costs, Lula leads with 76%. Conversely, Flávio Bolsonaro shows stronger support among those reporting stagnant income (34%) or income growth that lagged behind prices (39%).

In the United States, a Federal Reserve Bank of New York survey shows that one-year inflation expectations remained stable at 3.6% in August. Long-term expectations for three and five years were 3.2% and 3%, respectively. However, consumer sentiment regarding personal finances has declined, with more families reporting worse financial situations than a year ago and expecting further decline. Additionally, the perceived probability of being unable to meet minimum debt payments rose to 13.2%.