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Americans See Long Road to Recovery for Stock Market, Home Prices

Tuesday, December 07, 2010

Although the United States has officially been out of an economic recession for over a year, Americans are even more pessimistic about how long it will take the housing and stock markets to recover.

A new Rasmussen Reports national telephone survey finds that 71% of Adults now predict the housing market won't recover for three years or more. That compares to 60% in early 2009 and 65% at the beginning of this year. Just eight percent (8%) expect the housing recovery to take two years, and a scant four percent (4%) see it happening in the next 12 months. Seventeen percent (17%) are undecided. (To see survey question wording, click here.)

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The survey of 1,000 Adults nationwide was conducted on December 2-3, 2010 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.


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