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Majority of Americans Don't Expect Economic Recovery Anytime Soon

Tuesday, December 07, 2010

Americans remain pessimistic about the chances for economic recovery in the short-term and continue to pin their hopes on a long-term turnaround.

A new Rasmussen Reports national telephone survey finds that only 36% of Adults believe the U.S. economy will be stronger a year from now.  Just as many (36%) believe the country’s economy will grow even weaker in that time period, while 18% say it will be about the same.  Another 11% are not sure. (To see survey question wording, click here.)

Americans have been almost evenly divided on this question for nearly two years now.  Short-term confidence was strongest in early July 2009, when 45% of adults predicted the economy would improve in a year's time.

But when it comes to the U.S. economy in the long-term, 52% believe it will be stronger in five years.  Only 21% say the economy will be weaker by then, and 11% say it will stay about the same.  Sixteen percent (16%) are undecided.  These findings show little change since late September 2009.  (Platinum Members get a full look at the trends.)

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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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