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BUSINESS

Most Expect 2013 Recession With Or Without 'Fiscal Cliff' Deal

Most voters nationwide expect a recession in 2013 regardless of whether a deal is reached to avoid the so-called “fiscal cliff.”

If a deal is reached and the December 31 fiscal cliff of big tax hikes and automatic across-the-board spending cuts is avoided, 54% of voters believe a recession is likely next year. If no deal is reached, a new Rasmussen Reports national telephone survey finds that 70% think a recession is likely.

These figures include 26% who believe a recession is Very Likely with a deal and 42% who believe it is Very Likely without one. (To see survey question wording, click here.)

The national survey of 1,000 Likely Voters was conducted on December 20-21, 2012 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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