Economic Outlook (2)

CNN/Opinion Research Corporation Poll. Sept. 5-7, 2008. N=1,022 adults nationwide. MoE ą 3.

"Which of the following economic problems concerns you the MOST: the price of gasoline, the availability of good jobs, high taxes, or the problems due to the mortgage crisis and falling home values?"

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Economic Outlook (p. 2)

Polls listed chronologically. Data are from nationwide surveys of Americans 18 & older.
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Economic Outlook, Personal Finances, Consumer Behavior See also: Budget/Taxes | Business issues | Investing | Consumer confidence

USA Today/Gallup Poll. Dec. 12-14, 2008. N=1,008 adults nationwide. MoE ą 3.
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"Turning now to the economy: Which of the following would you say best describes the current economic situation in the United States? The biggest economic crisis the U.S. has faced in your lifetime. A crisis, but not the worst in your lifetime. A major problem, but not a crisis. OR, Not a major problem."
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		Biggest Crisis	Crises, Not The Worst	Major Problem, Not a Crisis	Not a Major Problem	Unsure
		%	%	%	%	%
	12/12-14/08	60	16	18	4	1
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"Next, we'd like to ask you about the possibility of an economic depression in the United States. By depression, we mean an economic downturn that is much more severe than most recessions and would last several years. How likely do you think it is that the United States will be in an economic depression within the next two years: very likely, somewhat likely, not too likely, or not at all likely?"
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		Very Likely	Somewhat Likely	Not Too Likely	Not at All Likely	Unsure
		%	%	%	%	%
	12/12-14/08	35	39	21	4	1
	3/14-16/08	23	36	28	12	1
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"Regardless of how likely you think it is, how much does the possibility of the U.S. economy going into a depression worry you: a great deal, a moderate amount, not much, or not at all?"
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		A Great Deal	A Moderate Amount	Not Much	Not at All
		%	%	%	%
	12/12-14/08	40	39	14	7
	3/14-16/08	46	33	14	7
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"Just your best guess: How long do you think it will be before the economy starts to recover?" Open-ended
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		MEAN	MEDIAN
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	12/12-14/08	5.2 years	3 years

CNN/Opinion Research Corporation Poll. Dec. 1-2, 2008. N=1,096 adults nationwide. MoE ą 3.
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"Do you think the economy is now in a recession, or not?"
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		Is	Is Not	Unsure
		%	%	%
	12/1-2/08	89	10	1
	10/17-19/08	76	23	1
	8/29-31/08	73	26	1
	6/26-29/08	75	25	-
	4/28-30/08	79	19	2
	3/14-16/08	74	25	1
	2/1-3/08	66	31	2
	1/9-10/08	61	37	3
	12/6-9/07	57	42	1
	10/12-14/07	46	51	3
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"As you may know, the U.S. went through a depression in the 1930s in which roughly one out of four workers were unemployed, banks failed across the country, and millions of ordinary Americans were temporarily homeless or unable to feed their families. Do you think it is very likely, somewhat likely, not very likely, or not likely at all that another depression like that will occur in the U.S. within the next 12 months?"
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		Very Likely	Somewhat Likely	Not Very Likely	Not Likely At All	Unsure
		%	%	%	%	%
	12/1-2/08	10	28	41	20	-
	10/17-19/08	12	29	35	24	1

Los Angeles Times/Bloomberg Poll. Oct. 10-13, 2008. N=1,543 adults nationwide. MoE ą 3.
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"Are you in favor of or opposed to the federal government providing assistance to individual homeowners who are facing foreclosure?"
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		Favor	Oppose	Unsure
		%	%	%
	10/10-13/08	61	27	12

Pew Research Center for the People & the Press survey. Oct. 9-12, 2008. N=1,485 adults nationwide. MoE ą 3.
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"Do you think your family's income is going up faster than the cost of living, staying about even with the cost of living, or falling behind the cost of living?"
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		Going Up Faster	Staying About Even	Falling Behind	Unsure
		%	%	%	%
	10/9-12/08	5	34	57	4
	7/23-27/08	6	28	64	2
	1/30 - 2/2/08	6	33	58	3
	9/07	10	43	44	3
	1/06	9	41	47	3
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"How confident are you that any money you have in the bank is safe? . . ."
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		Very Confident	Somewhat Confident	Not Too Confident	Not at All Confident	Unsure
		%	%	%	%	%
	10/9-12/08	36	38	14	7	5

USA Today/Gallup Poll. Oct. 10-12, 2008. N=1,269 adults nationwide. MoE ą 3.
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"Just your best guess, do you think the recent problems in the economy represent a temporary financial downturn and the economy will soon recover, or a more permanent change in the economy and it will not recover for a long time?" Options rotated
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		Temporary Downturn	More Permanent Change	Unsure
		%	%	%
	10/10-12/08	47	49	5
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"Now thinking about your how your own situation has been affected by the events affecting the economy over the past month, how much do you think your own financial situation has been harmed by the events of the last month: a great deal, a moderate amount, not much, or not at all?"
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		Great Deal	Moderate Amount	Not Much	Not at All	Unsure
		%	%	%	%	%
	10/10-12/08	29	37	22	11	1
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"Now, I'd like you to think about the events of the last two weeks and any future problems that might result from them. How much do you think your own financial situation will be harmed in the long run: a great deal, a moderate amount, not much, or not at all?"
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		Great Deal	Moderate Amount	Not Much	Not at All	Unsure
		%	%	%	%	%
	10/10-12/08	29	41	21	6	2
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"Are you confident that George W. Bush and his economic advisors can fix the economy, or not?"
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		Yes, Confident	Not Confident	Unsure
		%	%	%
	10/10-12/08	16	80	4
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"Now, thinking more generally, regardless of who is in power, how much influence do you think the government can have in fixing the economy: a great deal, a fair amount, not much, or none at all?"
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		A Great Deal	A Fair Amount	Not Much	None at All	Unsure
		%	%	%	%	%
	10/10-12/08	37	42	15	4	1

ABC News/Washington Post Poll. Oct. 10-11, 2008. N=517 adults nationwide. MoE ą 4.5.
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"How confident are you that you will retire with enough income and assets to last for the rest of your life? Would you say you're very confident, somewhat confident, not so confident or not confident at all?"
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		Very Confident	Somewhat Confident	Not So Confident	Not at All Confident	Already Retired (vol.)
		%	%	%	%	%
	10/10-11/08	10	34	25	24	7
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"How do you feel about [see below]: very worried, somewhat worried, not too worried or not worried at all?"
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		Very Worried	Somewhat Worried	Not Too Worried	Not at All Worried	Unsure
		%	%	%	%	%
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	"The direction of the nation's economy over the next few years"
	10/10-11/08	48	40	8	3	1
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	"Your own family's financial situation"
	10/10-11/08	23	43	22	11	1
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	"The performance of the stock market"
	10/10-11/08	48	30	12	9	1
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	"Your ability to get a loan from a bank or other financial institution, if you need one"
	10/10-11/08	19	25	24	27	5*
	* Includes "Don't need a loan" (vol.)

CNN/Opinion Research Corporation Poll. Oct. 3-5, 2008. N=1,006 adults nationwide. MoE ą 3.
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"Do you think the problems currently facing financial institutions and the stock market will affect you and your family immediately, will affect you in a year or so, will eventually affect you, or will never affect you?"
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		Will Affect Immediately	Will Affect In Year or So	Will Affect Eventually	Will Never Affect
		%	%	%	%
	10/3-5/08	36	19	37	8
	9/19-21/08	32	20	38	9
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"As you may know, the U.S. went through a depression in the 1930s in which roughly one out of four workers were unemployed, banks failed across the country, and millions of ordinary Americans were temporarily homeless or unable to feed their families. Do you think it is very likely, somewhat likely, not very likely, or not likely at all that another depression like that could occur in the U.S.?"
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		Very Likely	Somewhat Likely	Not Very Likely	Not Likely At All
		%	%	%	%
	10/3-5/08	21	38	29	13

USA Today/Gallup Poll. Sept. 26-27, 2008. N=1,011 adults nationwide. MoE ą 3.
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"Right now, do you think the U.S. economy is growing, slowing down, in a recession, or in an economic depression?"
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		Growing	Slowing Down	In a Recession	In a Depression	Unsure
		%	%	%	%	%
	9/26-27/08	3	27	36	33	1
	1/30 - 2/2/08	7	46	33	12	2
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"A year from now, do you think the U.S. economy will be growing, slowing down, in a recession, or in an economic depression?"
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		Growing	Slowing Down	In a Recession	In a Depression	Unsure
		%	%	%	%	%
	9/26-27/08	42	13	23	13	9
	1/30 - 2/2/08	44	19	21	10	6
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"Next, we are interested in how people's financial situation may have changed. Would you say that you are financially better off now than you were a year ago, or are you financially worse off now?"
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		Better	Worse	Same (vol.)	Unsure
		%	%	%	%
	9/26-27/08	26	55	19	-
	5/30 - 6/1/08	26	55	18	1
	1/30 - 2/2/08	34	44	21	1
	10/12-14/07	39	39	22	-
	1/15-18/07	50	30	19	1
	2/9-12/06	37	39	24	-
	7/22-24/05	42	40	17	1
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"Looking ahead, do you expect that at this time next year you will be financially better off than now, or worse off than now?"
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		Better	Worse	Same (vol.)	Unsure
		%	%	%	%
	9/26-27/08	58	25	13	5
	5/30 - 6/1/08	52	31	10	7
	1/30 - 2/2/08	60	23	12	5
	10/12-14/07	57	22	18	3
	1/15-18/07	65	19	12	4
	7/22-24/05	59	25	14	2
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"How worried are you about the safety of money you have deposited in banks and other financial institutions: very worried, moderately worried, not too worried, or not worried at all?"
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		Very Worried	Moderately Worried	Not Too Worried	Not Worried At All	Doesn't Apply (vol.)/Unsure
		%	%	%	%	%
	9/26-27/08	16	29	27	24	3

Los Angeles Times/Bloomberg Poll. Sept. 19-22, 2008. N=1,428 adults nationwide. MoE ą 3 (for all adults).
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"Would you say that you are better off or worse off than you were four years ago, or would you say that you are about the same as you were then?"
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		Better Off	Worse Off	About the Same	Unsure
		%	%	%	%
	ALL	24	42	33	1
	Democrats	14	55	30	1
	Independents	19	42	37	2
	Republicans	42	24	34	-
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"Would you say you feel more or less secure financially than you did six months ago, or do you feel about as secure as you did six months ago?"
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		More Secure	Less Secure	About as Secure	Unsure
		%	%	%	%
	9/19-22/08	13	50	37	1