Fifty-four percent (54%) of voters rate the U.S. Economy as good or excellent. The Jobs Creators Network/ ScottRasmussen.com Weekly Pulse shows that 30% rate the economy as fair and just 13% say it is in poor shape.
This is the first data released by a new partnership between ScottRasmussen.com and the Jobs Creators Network Foundation (JCNF). That foundation is an educational resource for small businesses and employees.We will repeat five standard questions every week to measure trends in the economic perceptions of everyday Americans.
This national survey of 1,000 Adults was conducted September 10-11, 2018 for ScottRasmussen.com by HarrisX, a leading research company specializing in online surveys (see Methodology) The Margin of Error is +/- 3.1 percentage points with a 95% level of confidence.
Thirty-nine percent (39%) believe the economy is getting better while 21% think it’s heading in the wrong direction. Forty-nine percent (49%) believe that firms in their area are more likely to be hiring than laying workers off. Just 15% take the opposite view (see Topline Results).
Americans are generally positive about the economy, but their perception of it seems to be influenced by their political views. Republicans tend to believe the economy is getting better while Democrats say worse.
In addition to the ongoing trend questions, we will also ask a handful of other questions each week to explore more topical issues. This week we explored media coverage of economic issues. Forty percent (40%) believe that media coverage focuses too much on bad news while 13% say it focuses too much on the upside. Nearly half (47%) think the coverage is pretty balanced.
Roughly a third (36 percent) say news outlets report economic news in a way that is understandable and useful. Forty-four percent (44%) percent say they don’t. Fifty-five percent (55%) of Americans say news outlets spend too much time reporting on big corporations. Only 10 percent believe there’s too much attention paid to small businesses.
“What stands out to me is that a large plurality of Americans thinks the business and financial news is dominated by what’s happening on Wall Street. They want more focus on Main Street,” said JCNF President Elaine Parker. She noted that the business-oriented television networks, and the financial publications, focus much more on publicly-traded companies and their CEOs than they do on small firms.
“If you watch any of the business networks, it’s a parade of Fortune 500 CEOs. Their viewers seem to want more voices from the small business sector,” she said.
See question wording and crosstabs for all questions.
For more information about the Job Creators Network Foundation, please visit www.jcnf.org.
All data presented by ScottRasmussen.com is presented to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us). Receive the latest insights each day by signing up for Scott Rasmussen’s Morning Update.