Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > ETFs > Broad Market

Economic Attitudes Reach Highest Levels Since 2008

By Amanda McGrory-Dixon

X
Your article was successfully shared with the contacts you provided.

According to The Harris Poll by Harris Interactive, the overall attitude regarding the economy and job market, which remain two of the more important political issues, is improving to its highest level since 2008 on a number of fronts.

The survey finds 32 percent of American adults, surveyed between Feb. 6-13, give President Obama positive ratings; however, 68 percent rate him negatively. The positive ratings are up from 25 percent, and this marks the first time President Obama has received positive marks in the 30s since May 2011.

Another 36 percent of respondents say they believe the economy will improve over the next year, up from 23 percent in December. Still, 40 percent of respondents, representing a decline from 47 percent, expect the economy to remain the same while 24 percent anticipate the economy worsening, down from 29 percent.

Job market perceptions also are improving, though more slowly. Fifty-nine percent of respondents rate today’s job market among their regions as bad, and 16 percent say they’re good. Twenty-five percent of respondents say the job market in their regions is neither good nor bad. One month earlier, 65 percent of respondents reported that the job market in their regions was bad while 14 percent said it was good. This represents the first time since July 2008 that the percentage of those who believe the job market in their regions is bad is below 60 percent.

The survey also reveals 32 percent of respondents believe the job market in their regions will improve in the next six months, and 51 percent say it will stay the same. Seventeen percent of respondents expect the job market to degrade. In the previous month, only 27 percent of respondents said the job market would improve, 53 percent said it would remain the same, and 21 percent said it would worsen. 

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.