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     Economic Outlook (p. 2)


Polls listed chronologically. Data are from nationwide surveys of Americans 18 & older.

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Economic Outlook, Personal Finances, Consumer Behavior   See also: Budget/Taxes

Los Angeles Times/Bloomberg Poll. May 1-8, 2008. N=1,986 registered voters nationwide. MoE ± 3.

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"Do you think we are in an economic recession, or not?"

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Are Are Not Unsure    
% % %    

5/1-8/08

78 17 5    

 

CNN/Opinion Research Corporation Poll. April 28-30, 2008. N=1,008 adults nationwide. MoE ± 3.

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"Do you think the economy is now in a recession, or not?"

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Is Is Not Unsure    
% % %    

4/28-30/08

79 19 2    

3/14-16/08

74 25 1    

2/1-3/08

66 31 2    

1/9-10/08

61 37 3    

12/6-9/07

57 42 1    

10/12-14/07

46 51 3    

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"Which of the following economic problems concerns you the MOST: rising prices and the rate of inflation, the unemployment rate, the condition of the stock market, high taxes, or the problems due to the mortgage crisis and falling home values?"

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%        

Inflation

47        

Mortgages, home values

19        

High taxes

13        

Unemployment rate

13        

Stock market

5        

Other (vol.)

2        

Unsure

1        

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"And thinking specifically about recent increases in prices, which of the following concerns you the MOST: the price of food, the price of gasoline, or the price of other goods and services?"

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%        

Gasoline

68        

Food

23        

Other goods and services

5        

All equally (vol.)

3        

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"As you may know, in the past few years banks and other financial institutions provided mortgages to many Americans who eventually could not afford to pay them and now may lose their homes. Do you think those people should receive special treatment that would prevent them from defaulting on their mortgages?"

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Should Should Not Unsure    
% % %    

4/28-30/08

49 48 3    

12/6-9/07

51 46 3    

 

USA Today/Gallup Poll. April 18-20, 2008. N=1,016 adults nationwide. MoE ± 3.

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"Now, thinking just about food prices: Have recent price increases in food and other groceries caused any financial hardship for you or your household?" If yes: "Is that a severe hardship that affects your ability to maintain your current standard of living, or is it a moderate hardship that affects you somewhat but does not jeopardize your current standard of living?"

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Caused
Severe
Hardship
Caused
Moderate
Hardship
Has Not
Caused
Hardship
Unsure  
% % % %  

4/18-20/08

10 36 54 1  

 

CBS News/New York Times Poll. March 28-April 2, 2008. N=1,368 adults nationwide. MoE ± 3 (for all adults).

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"Right now, do you think the United States is in an economic recession, or not?"

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Yes No Unsure    
% % %    

3/28 - 4/2/08

66 27 7    

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"From what you know, how much do you think the cost of the war in Iraq has contributed to the U.S. economic problems: a lot, some, not much or not at all?"

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A Lot Some Not Much Not at All Unsure
% % % % %

ALL adults

67 22 6 4 1

   Republicans

40 40 11 8 1

   Democrats

85 11 2 2 0

   Independents

66 21 8 2 3

 

USA Today/Gallup Poll. March 14-16, 2008. N=1,025 adults nationwide. MoE ± 3.

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"Do you think the economy is now in a recession, or not?"

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Is Is Not Unsure    
% % %    

3/14-16/08

76 22 1    

10/12-14/07

36 58 7    

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"Next, we'd like to ask you about the possibility of an economic depression in the United States. By depression, we mean an economic downturn that is much more severe than most recessions and would last several years. How likely do you think it is that the United States will be in an economic depression within the next two years: very likely, somewhat likely, not too likely, or not at all likely?"

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Very Likely Somewhat
Likely
Not Too
Likely
Not at All
Likely
Unsure
% % % % %

3/14-16/08

23 36 28 12 1

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"Regardless of how likely you think it is, how much does the possibility of the U.S. economy going into a depression worry you: a great deal, a moderate amount, not much, or not at all?"

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A Great Deal A Moderate
Amount
Not Much Not at All  
% % % %  

3/14-16/08

46 33 14 7  

 

NBC News/Wall Street Journal Poll conducted by the polling organizations of Peter Hart (D) and Bill McInturff (R). March 7-10, 2008. N=approx. 500 registered voters nationwide.

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"Let me read you a number of aspects dealing with the economy, for each please tell me whether this is currently affecting you a great deal, quite a bit, just some, or very little. If this does not apply to you, just say so. . . ."

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A Great Deal Quite a Bit Just Some Very Little Does Not
Apply
% % % % %

The price of gasoline and home heating oil

    3/7-10/08

65 14 12 5 3

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The cost of groceries and household products

    3/7-10/08

50 17 21 7 4

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The cost of health care

    3/7-10/08

45 13 19 10 12

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Savings and pensions for retirement

    3/7-10/08

33 12 22 13 19

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The impact trade agreements have had on American jobs

    3/7-10/08

28 13 20 13 23

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Job security and layoffs

    3/7-10/08

26 8 15 13 37

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Your investments in the stock market

    3/7-10/08

21 12 18 11 36

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The cost and security of your mortgage

    3/7-10/08

17 5 12 16 48

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Overtime pay and bonuses at work

    3/7-10/08

15 6 10 13 54

 

Associated Press-Ipsos poll conducted by Ipsos Public Affairs. Feb. 4-6, 2008. N=1,006 adults nationwide. MoE ± 3.1.

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"How much do you worry about each of the following? . . ."

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A Lot Some Not Much Not at All Doesn't
Apply/Unsure
% % % % %

Seeing the value of your stocks and retirement investments drop

    2/4-6/08

30 29 14 17 10

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Being unable to pay your bills

    2/4-6/08

25 21 19 35 -

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Seeing the value of your home drop

    2/4-6/08

22 26 22 30 -

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Being unable to pay your monthly mortgage/rent payment

    2/4-6/08

20 15 16 48 1

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Losing your job

    2/4-6/08

16 12 15 39 18

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"Do you think the U.S. economy is now in a recession, or not?"

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Is Is Not Unsure    
% % %    

2/4-6/08

61 36 3    

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"Do you think each of the following deserves a lot, some, only a little, or none of the blame for the country's economic problems? . . ."

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A Lot Some Only a Little None Unsure
% % % % %

Mortgage lenders

    2/4-6/08

56 28 9 4 3

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President Bush

    2/4-6/08

44 30 14 12 -

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The U.S. Congress

    2/4-6/08

37 43 13 5 2

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Consumers

    2/4-6/08

22 40 21 16 1

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Wall Street

    2/4-6/08

20 41 18 14 7

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The Federal Reserve

    2/4-6/08

19 42 18 16 5

 

ABC News/Washington Post Poll. Jan. 30-Feb. 1, 2008. N=1,249 adults nationwide. MoE ± 3. Fieldwork by TNS.

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"Just your best guess, would you say the nation's economy is in a recession right now, or not?"

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Is Is Not Unsure    
% % %    

1/30 - 2/1/08

59 38 3    

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"Do you think the United States is in a long-term economic decline, or do you think the country's economic system is basically pretty solid?"

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Decline Pretty Solid Unsure    
% % %    

1/30 - 2/1/08

49 47 4    

5/96

46 51 3    

 

Fortune Magazine poll conducted by Abt SRBI. Jan. 14-16, 2008. N=1,000 adults nationwide. MoE ± 3.

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"Turning to the economy, in general, how would you rate economic conditions in the country today: excellent, good, only fair or poor?"

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Excellent Good Only Fair Poor Unsure
% % % % %

1/14-16/08

3 23 44 29 1

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"Right now, do you think that economic conditions in the country as a whole are getting better, getting worse, or staying about the same?"

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Better Worse Same    
% % %    

1/14-16/08

3 65 31    

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"Which of the following best describes the country's economic condition right now? Would you say that the country is in an economic recession right now, heading into a recession in the next twelve months, or not in a recession and not heading into one?"

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In a
Recession
Heading Into
A Recession
Neither Unsure  
% % % %  

1/14-16/08

19 57 19 5  

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"Just thinking about your own personal economic situation, do you feel that over the past twelve months things have gotten better, worse, or stayed about the same?"

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Better Worse Same    
% % %    

1/14-16/08

15 38 47    

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"In the past twelve months, have you been spending about as much as you did before on most things, spending more, or cutting back your spending compared to twelve months ago?"

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About as Much More Cutting Back    
% % %    

1/14-16/08

24 28 48    

 

NBC News/Wall Street Journal Poll conducted by the polling organizations of Peter Hart (D) and Bill McInturff (R). Dec. 14-17, 2007. N=1,008 adults nationwide.

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