The Rasmussen Reports Economic Index dropped by three points this month, the second consecutive monthly decline since Joe Biden was elected President. The index fell to 111.5 from 114.5 in December, continuing the decline from 126.4 just before Election Day, amid a climate of public concern about new lockdowns to fight the COVID-19 pandemic.
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The stock market has recently hit record highs, but Americans are increasingly worried that the boom won’t last much longer.
The Rasmussen Reports Economic Index has dropped 12 points from 126.4 just before Election Day to 114.5, reversing the fall rebound from the coronavirus lockdown that began in March. Many states in recent days have begun reimposing lockdown restrictions with the new surge in COVID-19 cases.
In the days prior to the 2020 presidential election, economic confidence jumped to 126.4 in the Rasmussen Reports Economic Index, up nine points from October but still shy of the highest finding since March when states started locking down due to the global coronavirus pandemic.
Economic confidence dropped slightly to 117.0 in this month’s Rasmussen Reports Economic Index, down a point from September but just shy of the highest finding since March when states started locking down due to the global coronavirus pandemic.
Economic confidence jumped to 118.3 in this month’s Rasmussen Reports Economic Index, up eight points from August and the highest finding since March when states started locking down due to the global coronavirus pandemic.
Economic confidence slowed this month, dropping four points from July to 110.8 in this month’s Rasmussen Reports Economic Index.
Most voters agree with Congress’ attempt to fashion another coronavirus stimulus package. But they worry that the plan will be loaded with unnecessary goodies because Congress is motivated primarily by political gain rather than what people really need.
Some habits die hard, and paying income taxes is apparently one of them. Most Americans filed their taxes by April 15 despite the government’s decision to extend the deadline to today because of the coronavirus pandemic.
With more of the country moving through their COVID-19 reopening phases, confidence in the economy continues its upswing, with the Rasmussen Reports Economic Index rising another five points from June to 114.9.
The economy has been hard hit by the coronavirus crisis, but confidence in the housing market remains high.
As more of the country exits the lockdown and the stock market climbs to pre-pandemic levels, economic confidence is on the rebound, jumping 16 points from last month to 109.8 in June. This finding is comparable to the level of confidence Americans held just prior to President Trump’s 2016 election.
The vast majority of Americans say their home states have begun to loosen their coronavirus lockdowns, with just over half reporting that someone in their immediate family has been able to return to work.
Voters come down strongly on the side of small businesses, with most in favor of President Trump’s plan to loosen government regulation on them while they recover from the coronavirus lockdown.
As parts of the country slowly emerge from coronavirus lockdown, economic confidence has slowed from April’s rapid descent, dropping just one point to 93.7 in May. But this is the lowest finding in six years of surveying and six points below the April 2014 baseline.
Voters agree government money isn’t enough to counter the coronavirus economic crash, but most Democrats think $2,000 monthly payments to Americans who earn less than $120,000 a year are necessary even as the lockdown begins to break down.
Financial anxiety over the coronavirus has eased slightly, even as more Americans report a close family member out of work.
As the coronavirus closes many businesses and takes the stock market on a thrill ride, confidence in the U.S. economy plunged, dropping a staggering 45 points from last month to 94.6 in the Rasmussen Reports Economic Index. This is the lowest finding in six years of surveying and four points below the April 2014 baseline.
Americans say government money is not the ultimate answer to the financial hardships brought on by the coronavirus. Most worry the government will run out of cash if the aid packages continue.
The Internal Revenue Service in response to the coronavirus outbreak has extended the deadline for filing 2019 income taxes to July 15, but a sizable majority of Americans plan to file by April 15 as usual. More than ever are worried about an IRS audit this year, though.