Attitudes on Economic Issues All Show Positive Trend
Press release from the issuing company
Tuesday, February 21st, 2012
The economy and jobs continue to be two of the more important issues driving the national political debate. But the general feeling about how things are going seems to be getting better according to a number of different indicators. First, looking at President Obama's handling of the economy, one-third of Americans (32%) give the President positive ratings while 68% give him negative ratings. This is up from just one-quarter of U.S. adults (25%) who gave him positive ratings in January and is the first time President Obama has had positive marks in the thirties since May of 2011.
The second positive indicator on the economy is on expectations. Over one-third of Americans (36%) say they expect the economy to improve in the coming year while two in five (40%) say it will remain the same and one-quarter (24%) believe it will get worse. Again, this is up from December when one-quarter of U.S. adults (23%) believed the economy would improve, almost half (47%) felt it would stay the same and three in ten (29%) thought it would get worse.
Perceptions of the job market are also improving, albeit a little more slowly. Three in five Americans (59%) rate the current job market of their region of the country as bad, 16% say it is good and one-quarter (25%) say it is neither good nor bad. In January, almost two-thirds of U.S. adults (65%) felt the job market in their region was bad and 14% felt it was good. This is the first time since July of 2008 that the percentage of those who think the job market in their region is bad is below 60%.
Looking ahead, there is also a sense of optimism on where the job market is heading. One-third of Americans (32%) believe the job market in their region of the nation will get better in the next six months, half (51%) say it will stay the same and 17% believe it will get worse. Last month, just one-quarter (27%) felt the job market would get better, over half (53%) felt it would remain the same and one in five (21%) felt it would get worse.
Finally, feelings about whether the country is still in a recession or not are also improving. In September, seven in ten Americans (69%) felt the country was still in a recession, while one in ten each felt that the U.S. came out of a recession but will now enter a new recession (11%) and the country has come out of the recession and the economy is growing (10%). A few months later and, while over half of Americans (56%) still think the country is in a recession, one-quarter (24%) believe the country has come out of the recession and the economy is growing and just 8% believe the U.S. has come out of a recession but will enter a new one.
So What?
People vote based on how things are for them economically, so if they do not have money or are struggling to keep their jobs, then it's probably time for a change in political leaders. But, if things are going well, people feel more secure in their jobs and have a little extra money to either save or spend, they are not as likely to want to make a change. If these positive feelings hold, that bodes well for President Obama.
|
TABLE 1 PRESIDENT OBAMA'S JOB RATING ON THE ECONOMY - TREND "Now, turning to something different, how would you rate the overall job that President Barack Obama is doing on the economy?"
|
||||||||||||
|
Base: All adults |
||||||||||||
|
|
2009 |
2010 |
||||||||||
|
March |
April |
May |
June |
Aug |
Sept |
Nov |
Dec |
Jan |
Mar |
Apr |
May |
|
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
POSITIVE (NET) |
47 |
49 |
46 |
43 |
39 |
40 |
34 |
36 |
31 |
32 |
33 |
36 |
|
Excellent |
13 |
13 |
10 |
3 |
9 |
7 |
6 |
6 |
5 |
5 |
6 |
6 |
|
Pretty good |
34 |
36 |
36 |
34 |
31 |
33 |
27 |
30 |
25 |
27 |
27 |
30 |
|
NEGATIVE (NET) |
53 |
51 |
54 |
57 |
61 |
60 |
66 |
64 |
69 |
68 |
67 |
64 |
|
Only fair |
30 |
27 |
30 |
27 |
25 |
27 |
30 |
30 |
31 |
30 |
31 |
29 |
|
Poor |
23 |
24 |
24 |
30 |
36 |
33 |
37 |
34 |
39 |
37 |
36 |
34 |
|
|
2010 |
2011 |
||||||||||
|
June |
Aug |
Sept |
Oct |
Nov |
Dec |
Jan |
Feb* |
Mar |
May |
June |
July |
|
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
POSITIVE (NET) |
32 |
32 |
29 |
27 |
31 |
30 |
33 |
33 |
33 |
32 |
27 |
26 |
|
Excellent |
5 |
6 |
5 |
5 |
5 |
5 |
7 |
9 |
5 |
7 |
5 |
3 |
|
Pretty good |
27 |
26 |
24 |
22 |
26 |
25 |
26 |
24 |
28 |
26 |
22 |
23 |
|
NEGATIVE (NET) |
68 |
68 |
71 |
73 |
69 |
70 |
67 |
62 |
67 |
68 |
73 |
74 |
|
Only fair |
32 |
29 |
31 |
33 |
30 |
34 |
30 |
22 |
29 |
28 |
30 |
33 |
|
Poor |
37 |
39 |
40 |
39 |
39 |
36 |
37 |
39 |
38 |
40 |
43 |
41 |
|
|
2011 |
2012 |
||||
|
Sept. |
Oct. |
Nov. |
Dec. |
Jan. |
Feb. |
|
|
% |
% |
% |
% |
% |
% |
|
|
POSITIVE (NET) |
21 |
23 |
22 |
25 |
25 |
32 |
|
Excellent |
2 |
3 |
3 |
4 |
2 |
3 |
|
Pretty good |
18 |
20 |
20 |
22 |
22 |
29 |
|
NEGATIVE (NET) |
79 |
77 |
78 |
75 |
75 |
68 |
|
Only fair |
33 |
36 |
32 |
34 |
34 |
30 |
|
Poor |
46 |
41 |
46 |
41 |
41 |
38 |
|
Note: Percentages may not add up exactly to 100% due to rounding; *In February "Not at all sure" was offered as a response choice and 4% responded in that way. |
||||||
|
TABLE 2 PRESIDENT OBAMA'S JOB RATING ON THE ECONOMY – BY POLITICAL PARTY "Now, turning to something different, how would you rate the overall job that President Barack Obama is doing on the economy?"
|
|||||||
|
Base: All adults |
|||||||
|
|
Total |
Political Party |
Philosophy |
||||
|
Rep. |
Dem. |
Ind. |
Cons. |
Mod. |
Lib. |
||
|
% |
% |
% |
% |
% |
% |
% |
|
|
POSITIVE (NET) |
32 |
8 |
59 |
28 |
13 |
34 |
57 |
|
Excellent |
3 |
2 |
6 |
1 |
3 |
3 |
5 |
|
Pretty good |
29 |
6 |
54 |
27 |
10 |
31 |
52 |
|
NEGATIVE (NET) |
68 |
92 |
41 |
72 |
87 |
66 |
43 |
|
Only fair |
30 |
22 |
32 |
32 |
18 |
37 |
30 |
|
Poor |
38 |
70 |
8 |
40 |
69 |
29 |
12 |
|
|
|||||||
|
TABLE 3 EXPECTATIONS FOR THE ECONOMY IN THE COMING YEAR - TREND "In the coming year, do you expect the economy to…?"
|
||||||||||||
|
Base: All adults |
||||||||||||
|
|
2009 |
2010 |
||||||||||
|
April |
May |
Aug |
Sept |
Oct |
May |
June |
Aug |
Sept |
Oct |
Nov |
Dec |
|
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
Improve |
39 |
38 |
46 |
40 |
34 |
38 |
30 |
29 |
28 |
30 |
34 |
29 |
|
Stay the same |
35 |
35 |
32 |
36 |
37 |
34 |
42 |
39 |
40 |
40 |
41 |
45 |
|
Get worse |
26 |
27 |
22 |
24 |
29 |
28 |
28 |
32 |
32 |
30 |
25 |
26 |
|
|
2011 |
2012 |
|||||
|
Feb |
June |
July |
Sept. |
Oct. |
Dec. |
Feb. |
|
|
% |
% |
% |
% |
% |
% |
% |
|
|
Improve |
34 |
26 |
23 |
21 |
20 |
23 |
36 |
|
Stay the same |
42 |
41 |
41 |
45 |
46 |
47 |
40 |
|
Get worse |
25 |
33 |
37 |
34 |
34 |
29 |
24 |
|
Note: Percentages may not add up exactly to 100% due to rounding |
|||||||
|
TABLE 4 EXPECTATIONS FOR THE ECONOMY IN THE COMING YEAR "In the coming year, do you expect the economy to…?"
|
||||
|
Base: All adults |
||||
|
|
Total |
Political Party |
||
|
Rep. |
Dem. |
Ind. |
||
|
% |
% |
% |
% |
|
|
Improve |
36 |
17 |
61 |
32 |
|
Stay the same |
40 |
46 |
29 |
41 |
|
Get worse |
24 |
34 |
9 |
26 |
|
Note: Percentages may not add up exactly to 100% due to rounding |
||||
|
TABLE 5 RATING OF CURRENT JOB MARKET - TREND "How would you rate the current job market of your region of the nation?"
|
||||||||||
|
Base: All adults |
||||||||||
|
|
2008 |
2009 |
||||||||
|
June |
July |
Jan |
April |
June |
Aug |
Sept |
Oct |
Nov |
Dec |
|
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
GOOD (NET) |
28 |
30 |
6 |
12 |
9 |
8 |
10 |
10 |
8 |
9 |
|
Neither good nor bad |
18 |
19 |
18 |
20 |
19 |
21 |
22 |
20 |
18 |
19 |
|
BAD (NET) |
53 |
51 |
76 |
68 |
72 |
71 |
68 |
70 |
73 |
72 |
|
|
2010 |
|||||||||
|
Jan |
Mar. |
April |
May |
June |
Aug |
Sept |
Oct |
Nov |
Dec |
|
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
GOOD (NET) |
10 |
8 |
10 |
12 |
10 |
12 |
10 |
13 |
11 |
13 |
|
Neither good nor bad |
20 |
18 |
21 |
20 |
25 |
22 |
21 |
21 |
23 |
24 |
|
BAD (NET) |
70 |
73 |
70 |
68 |
66 |
66 |
69 |
66 |
66 |
63 |
|
|
2011 |
2012 |
|||||||
|
|
Jan |
Feb |
March |
May |
July |
Sept |
Oct |
Jan |
Feb |
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
GOOD (NET) |
13 |
15 |
13 |
16 |
12 |
11 |
9 |
14 |
16 |
|
Neither good nor bad |
22 |
24 |
22 |
23 |
24 |
22 |
24 |
21 |
25 |
|
BAD (NET) |
65 |
61 |
65 |
61 |
64 |
67 |
67 |
65 |
59 |
|
Note: Percentages may not add to 100% due to rounding |
|||||||||
|
TABLE 6 RATING OF CURRENT JOB MARKET IN YOUR REGION – BY REGION "How would you rate the current job market of your region of the nation?"
|
|||||
|
Base: All adults |
|||||
|
|
Total |
Region |
|||
|
East |
Midwest |
South |
West |
||
|
% |
% |
% |
% |
% |
|
|
GOOD (NET) |
16 |
15 |
15 |
19 |
12 |
|
Very good |
2 |
3 |
1 |
2 |
1 |
|
Somewhat good |
14 |
12 |
14 |
16 |
11 |
|
Neither good nor bad |
25 |
29 |
24 |
26 |
22 |
|
BAD (NET) |
59 |
56 |
61 |
55 |
66 |
|
Somewhat bad |
36 |
34 |
36 |
33 |
42 |
|
Very bad |
23 |
22 |
23 |
22 |
24 |
|
|
|||||
|
TABLE 7 EXPECTATIONS FOR JOB MARKET IN SIX MONTHS – TREND "How do you think that the job market in your region of the nation will change over the next 6 months?"
|
||||||||||
|
Base: All adults |
||||||||||
|
|
2009 |
2010 |
||||||||
|
Jan |
April |
June |
Aug |
June |
Aug |
Sept |
Oct |
Nov |
Dec |
|
|
% |
% |
% |
% |
% |
% |
% |
% |
% |
% |
|
|
BETTER (NET) |
15 |
23 |
21 |
28 |
26 |
23 |
21 |
23 |
30 |
25 |
|
Will be much better |
1 |
3 |
2 |
2 |
1 |
2 |
2 |
3 |
2 |
2 |
|
Will be somewhat better |
14 |
20 |
19 |
26 |
25 |
21 |
19 |
20 |
28 |
23 |
|
Will remain the same |
36 |
42 |
47 |
47 |
53 |
49 |
53 |
53 |
50 |
54 |
|
WORSE (NET) |
49 |
36 |
32 |
25 |
21 |
27 |
26 |
24 |
21 |
22 |
|
Will be somewhat worse |
36 |
29 |
24 |
19 |
15 |
22 |
20 |
18 |
15 |
16 |
|
Will be much worse |
14 |
7 |
8 |
6 |
6 |
5 |
6 |
6 |
6 |
6 |
|
|
2011 |
2012 |
|||||
|
Jan |
Feb |
Mar |
May |
July |
Jan |
Feb |
|
|
% |
% |
% |
% |
% |
% |
% |
|
|
BETTER (NET) |
31 |
31 |
32 |
30 |
22 |
27 |
32 |
|
Will be much better |
4 |
4 |
2 |
4 |
2 |
2 |
2 |
|
Will be somewhat better |
26 |
27 |
30 |
26 |
20 |
25 |
29 |
|
Will remain the same |
51 |
51 |
52 |
49 |
53 |
53 |
51 |
|
WORSE (NET) |
18 |
18 |
16 |
21 |
25 |
21 |
17 |
|
Will be somewhat worse |
13 |
13 |
11 |
14 |
17 |
14 |
12 |
|
Will be much worse |
6 |
5 |
6 |
7 |
8 |
7 |
5 |
|
Note: Percentages may not add to 100% due to rounding |
|||||||
|
TABLE 8 EXPECTATIONS FOR JOB MARKET IN SIX MONTHS – BY POLITICAL PARTY "How do you think that the job market in your region of the nation will change over the next 6 months?"
|
||||
|
Base: All adults |
||||
|
|
Total |
Political Party |
||
|
Rep. |
Dem. |
Ind. |
||
|
% |
% |
% |
% |
|
|
BETTER (NET) |
32 |
18 |
52 |
27 |
|
Will be much better |
2 |
2 |
3 |
2 |
|
Will be somewhat better |
29 |
15 |
49 |
25 |
|
Will remain the same |
51 |
60 |
39 |
55 |
|
WORSE (NET) |
17 |
23 |
9 |
18 |
|
Will be somewhat worse |
12 |
15 |
5 |
13 |
|
Will be much worse |
5 |
7 |
3 |
5 |
|
Note: Percentages may not add to 100% due to rounding |
||||
|
TABLE 9 ARE WE IN A RECESSION? "Thinking of the U.S. economy, which statement below is closest to your view?"
|
|||||
|
Base: All adults |
|||||
|
|
Sept. 2011 |
Feb 2012 |
Political Party |
||
|
Rep. |
Dem. |
Ind. |
|||
|
% |
% |
% |
% |
% |
|
|
The U.S. is still in a recession |
69 |
56 |
57 |
61 |
58 |
|
The U.S. has come out of a recession and the economy is growing |
10 |
24 |
25 |
21 |
24 |
|
The U.S. came out of a recession but will now enter a new recession |
11 |
8 |
7 |
7 |
8 |
|
Not at all sure |
11 |
12 |
11 |
12 |
10 |
|
Note: Percentages may not add to 100% due to rounding |
|||||
