Economic Confidence Slipping? 47% Rate Economy Good or Excellent

The Job Creators Network/ScottRasmussen.com Weekly Pulse shows that 47% of American adults rate the economy as good or excellent. That’s down from 52% a week ago and 56% two weeks ago. It’s the first time that number has fallen below 50% since we launched this weekly polling project in September.

Thirty-four percent (34%) rate the economy today as fair while 15% 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, 52% of adults have rated the economy as good or excellent. That’s down from 55% in the four weeks leading up to Election Day.

In fact, other than the one survey conducted two weeks ago, confidence has consistently been softer since Election Day.

Other data from the survey also indicates declining levels of confidence.

  • Just 32% now believe the economy is getting better while 29% say worse. That 29% figure is up six points from a month ago and up nine from just before the election.
  • Forty-five percent (45%) believe firms in their area are generally hiring while 18% think lay-offs are more common. Those figures have held steady over the past four weeks but are a bit more pessimistic than the pre-election assessments.

On a personal basis, 51% continue to rate their own finances as good or excellent. Twenty-seven percent (27%) believe their finances are getting better while 21% say worse (see question wording and crosstab results).

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 TwitterFacebook, 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 17-18, 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).

 

Posted in Poll Results

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