Economic Confidence Down: 29% Say Their Finances Getting Better, 31% Say Worse

Twenty-nine percent (29%) of voters nationwide say their own personal finances are getting better. A Scott Rasmussen national survey found that 31% take the opposite view, saying their finances are getting worse. 

Those results are somewhat more negative than a month ago when 31% said their finances were getting better and just 26% said worse.

The current totals include 9% who say their finances are getting much better and 10% who say much worse. That’s also a more negative assessment than last month.

Forty-two percent (42%) of voters rate their own personal finances as good or excellent. That’s down four points from a month ago and down seven points since April.

Twenty-three percent (23%) now rate their personal finances as poor. That up six points from a month ago and up nine points since April.

This decline in financial confidence comes amidst growing concern about the pandemic. Just 25% now believe the worst of the pandemic is behind us. That reflects a 31-point decline since May and is the lowest level of optimism since the vaccines became available. Looking back,57% of voters believe that the lockdowns did more harm than good.

It is not clear whether the situation in Afghanistan will further increase economic concerns, but it has had an impact on the president’s job approval ratings.

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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 1,200 Registered Voters was conducted by Scott Rasmussen using a mixed mode approach from August 20-22, 2021. Field work for the survey was conducted by RMG Research, Inc. Most respondents were contacted online or via text while 215 were contacted using automated phone polling techniques. Online respondents were selected from a list of Registered Voters and through a process of Random Digital Engagement. Certain quotas were applied, and the sample was lightly weighted by geography, gender, age, race, education, internet usage, 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.

Posted in Poll Results

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