Weekly Pulse: 53 Percent Say Economy is Strong Heading into Midterm Election

A solid majority of Americans see the economy as excellent or good, and only 13 percent believe conditions are poor just days before the most hotly contested midterm election in decades, according to the Job Creators Network/ScottRasmussen.com Weekly Pulse, released today.

“What we’re seeing in the data confirms everything we’ve heard from small business owners and employees all over the country,” said Elaine Parker, President of the JCN Foundation. “Confidence remains very high. The question is whether, and how, that sentiment will affect the way Americans vote next week.”

The Pulse found that 38 percent of Americans think the economy is getting better; 34 percent think it’s about the same; and 21 percent believe things are getting worse. There’s been no statistically significant change in any of the Pulse data for the past four weeks (see question wording and crosstabs).

The survey also found that 47 percent of Americans say their own personal finances are excellent or good. Almost a third believe their finances are improving. Thirty-four percent say things are fair, and 17 percent say their finances are poor.

Beneath the topline data there are some interesting demographic findings. Fifty-seven percent of Americans who live in suburbs – where many political analysts believe the election will be decided — say the economy is excellent or good. That’s higher than the survey results found in rural or urban areas.

“I think that’s an interesting statistic that might have implications next Tuesday,” said pollster Scott Rasmussen. “The economy is competing with healthcare as the top issue in the campaign. Suburban voters are slightly more confident in the economy than their counterparts in other parts of the country. And according to many experts, the suburban districts are the key battlegrounds.”

In addition to the Pulse survey, JCN/ScottRasmussen.com today released its Monthly Monitor, which draws upon surveys conducted over the course of the entire month.  Twenty-six percent of part-time workers say they are currently looking for a full-time job. As for those who are currently unemployed, 75 percent are confident they’ll find a job in the near future.

“That’s a very interesting result because it shows high level of confidence among Americans who do not currently have the job they want,” said Parker. “It’s a different and very personal way to find out how Americans feel about their own prospects in this economy.”

The national survey of 1,000 adults was conducted October 29-30, 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.

Click here to view the entire report.

For more information about Job Creators Network, please visit www.jobcreatorsnetwork.com.

Posted in Deeper Currents

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