The Job Creators Network/ScottRasmussen.com Weekly Pulse shows that 44% of American adults rate the economy as good or excellent. That’s down from 47% a week ago, 52% two weeks ago, and 56% three weeks ago. It’s the lowest rating since we launched this weekly polling project in September.
Thirty-four percent (35%) rate the economy today as fair while 18% say poor. That latter figure is a new high for the Weekly Pulse.
Individual week’s polling can include some statistical noise, so we also release data on a 4-week rolling average basis. Over the past four weeks, 50% of adults have rated the economy as good or excellent. That’s down from 52% last week and 55% in the four weeks leading up to Election Day.
Other data from the survey also indicates declining levels of confidence.
- Just 29% now believe the economy is getting better while 34% say it’s getting worse. That marks the first time the negative outlook has topped the positive.
- Forty-two percent (42%) believe firms in their area are generally hiring while 21% think lay-offs are more common. Those figures are the weakest yet recorded..
On a personal basis, 48% continue to rate their own finances as good or excellent. Twenty-eight percent (28%) believe their finances are getting better while 21% say worse (see question wording and crosstab results).
Timing is an important factor in any survey. This data was collected following a major stock-market decline on Christmas Eve. Reports indicated that this would be the worst December for the market since 1931 and that all of the year’s gains had disappeared. Additionally, conducting surveys around major holidays is always challenging.
Every day ScottRasmussen.com presents new public opinion data relating to topics in the news along with daily updates of the president’s job approval rating and the generic congressional ballot. Please sign up to receive the latest insights each day via email. You can also follow our work on Twitter, Facebook, and YouTube.
Our mission is to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us).
The national survey of 1,087 adults was conducted December 24-25, 2018 by ScottRasmussen.com and HarrisX, a polling company specializing in online surveys (see Methodology). It has a 3.1 percentage point Margin of Error with a 95% level of confidence.
Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).