A Political IQ national poll found that 29% of voters nationwide believe the economy is getting better while 45% say it is getting worse. The poll, conducted by Scott Rasmussen found that 22% believe it is staying about the same and 4% are not sure.
Perceptions about the overall economy are typically a lagging indicator of economic performance. It is not unusual for many voters to believe the country remains in a recession for years after the recession officially ended.
However, perceptions of personal finances are often more responsive to changing dynamics. The latest poll shows that 27% of voters believe their own personal finances are getting better while 25% take the opposite view.
Upper income Americans are more positive than lower income Americans about the economic trends.
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Note: Neither Scott Rasmussen, ScottRasmussen.com, nor RMG Research, Inc. have any affiliation with Rasmussen Reports. While Scott Rasmussen founded that firm, he left more than seven years ago and has had no involvement since that time.
Methodology
The survey of 1,457 Registered Voters was conducted by Scott Rasmussen using a mixed mode approach from October 8-10, 2020. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online or via text while 198 were contacted using automated phone polling techniques. Certain quotas were applied to the overall sample and lightly weighted by geography, gender, age, race, education, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.
The margin of error for the full sample is +/- 2.6 percentage points.
