From this morning’s Holmes Report, a study from the Pew Research Center for the People & the Press says Americans are increasingly cynical about a wide range of major institutions, with confidence in business suffering a particularly steep decline.

Favorable ratings for corporations are 20 points lower than they were in a similar survey conducted in March of 2001. Just 45 percent say they have a favorable opinion of business corporations, while the same number express a negative view. Since the mid-1980s, solid majorities have consistently expressed positive views of corporations, but just 49 percent did so in July.