50% Rate US Economy Good or Excellent; 33% Say Fair; 14% Poor

UPDATED Wednesday, October 9

The latest ScottRasmussen.com weekly economic update found that 50% rate the economy as good or excellent.  That’s down five points from a week ago but up a point from two weeks ago. Thirty-three percent (33%) rate the economy as just fair while 14% say poor.

From the end of the government shutdown in late January through early August, economic confidence was consistently strong. Over the past two months, there have been mixed signals about the direction of the economy.

That theme was also confirmed with data showing that 31% of American adults believe the U.S. economy is getting better while 33% think it’s getting worse. That’s far more pessimistic than a week ago but little changed from two weeks ago (see topline  trends).

The survey, conducted October 7-8, 2019, also found that 49% of Americans rate their own finances as good or excellent.  Thirty-two percent (32%) say fair and 17% poor (see crosstab results). Thirty-one percent (31%) now believe their own finances are getting better while 20% say worse.

Forty-five percent (45%) believe firms in their area are more likely to be hiring than laying people off. Twenty-two percent (22%) believe firms in their area are more likely to be laying people off.

The mission of ScottRasmussen.com is to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us).

We release new public opinion data every day relating to topics in the news and other items of interest. We also provide daily updates on the president’s job approval and the generic congressional ballot.

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The national survey of 1,100 US adults was conducted October 7-8, 2019 by ScottRasmussen.com and HarrisX, a polling company specializing in online surveys (see Methodology). The Margin of Sampling Error is +/-3.0 percentage points with a 95% level of confidence.

Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

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