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Attitudes on Economic Issues All Show Positive Trend

Expectations for job market best they have been since 2008

Harris Poll Logo. (PRNewsFoto/Harris Interactive) (PRNewsFoto/)

News provided by

Harris Interactive

Feb 21, 2012, 01:04 ET

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NEW YORK, Feb. 21, 2012 /PRNewswire/ -- The economy and jobs continue to be two of the more important issues driving the national political debate. But the general feeling about how things are going seems to be getting better according to a number of different indicators. First, looking at President Obama's handling of the economy, one-third of Americans (32%) give the President positive ratings while 68% give him negative ratings. This is up from just one-quarter of U.S. adults (25%) who gave him positive ratings in January and is the first time President Obama has had positive marks in the thirties since May of 2011.

(Logo:  http://photos.prnewswire.com/prnh/20100517/NY06256LOGO)

These are some of the results of The Harris Poll of 2,056 adults surveyed online between February 6 and 13, 2012 by Harris Interactive.

The second positive indicator on the economy is on expectations. Over one-third of Americans (36%) say they expect the economy to improve in the coming year while two in five (40%) say it will remain the same and one-quarter (24%) believe it will get worse. Again, this is up from December when one-quarter of U.S. adults (23%) believed the economy would improve, almost half (47%) felt it would stay the same and three in ten (29%) thought it would get worse.

Perceptions of the job market are also improving, albeit a little more slowly. Three in five Americans (59%) rate the current job market of their region of the country as bad, 16% say it is good and one-quarter (25%) say it is neither good nor bad. In January, almost two-thirds of U.S. adults (65%) felt the job market in their region was bad and 14% felt it was good. This is the first time since July of 2008 that the percentage of those who think the job market in their region is bad is below 60%.

Looking ahead, there is also a sense of optimism on where the job market is heading. One-third of Americans (32%) believe the job market in their region of the nation will get better in the next six months, half (51%) say it will stay the same and 17% believe it will get worse. Last month, just one-quarter (27%) felt the job market would get better, over half (53%) felt it would remain the same and one in five (21%) felt it would get worse. 

Finally, feelings about whether the country is still in a recession or not are also improving. In September, seven in ten Americans (69%) felt the country was still in a recession, while one in ten each felt that the U.S. came out of a recession but will now enter a new recession (11%) and the country has come out of the recession and the economy is growing (10%). A few months later and, while over half of Americans (56%) still think the country is in a recession, one-quarter (24%) believe the country has come out of the recession and the economy is growing and just 8% believe the U.S. has come out of a recession but will enter a new one.

So What?
People vote based on how things are for them economically, so if they do not have money or are struggling to keep their jobs, then it's probably time for a change in political leaders. But, if things are going well, people feel more secure in their jobs and have a little extra money to either save or spend, they are not as likely to want to make a change. If these positive feelings hold, that bodes well for President Obama.

TABLE 1

PRESIDENT OBAMA'S JOB RATING ON THE ECONOMY - TREND

"Now, turning to something different, how would you rate the overall job that President Barack Obama is doing on the economy?"

 

Base: All adults

 

2009

2010

March

April

May

June

Aug

Sept

Nov

Dec

Jan

Mar

Apr

May

%

%

%

%

%

%

%

%

%

%

%

%

POSITIVE (NET)

47

49

46

43

39

40

34

36

31

32

33

36

      Excellent

13

13

10

3

9

7

6

6

5

5

6

6

      Pretty good

34

36

36

34

31

33

27

30

25

27

27

30

NEGATIVE (NET)

53

51

54

57

61

60

66

64

69

68

67

64

      Only fair

30

27

30

27

25

27

30

30

31

30

31

29

      Poor

23

24

24

30

36

33

37

34

39

37

36

34

    

 

2010

2011

June

Aug

Sept

Oct

Nov

Dec

Jan

Feb*

Mar

May

June

July

%

%

%

%

%

%

%

%

%

%

%

%

POSITIVE (NET)

32

32

29

27

31

30

33

33

33

32

27

26

      Excellent

5

6

5

5

5

5

7

9

5

7

5

3

      Pretty good

27

26

24

22

26

25

26

24

28

26

22

23

NEGATIVE (NET)

68

68

71

73

69

70

67

62

67

68

73

74

      Only fair

32

29

31

33

30

34

30

22

29

28

30

33

      Poor

37

39

40

39

39

36

37

39

38

40

43

41

   

 

2011

2012

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

%

%

%

%

%

%

POSITIVE (NET)

21

23

22

25

25

32

      Excellent

2

3

3

4

2

3

      Pretty good

18

20

20

22

22

29

NEGATIVE (NET)

79

77

78

75

75

68

      Only fair

33

36

32

34

34

30

      Poor

46

41

46

41

41

38

Note: Percentages may not add up exactly to 100% due to rounding; *In February "Not at all sure" was

offered as a response choice and 4% responded in that way.

TABLE 2

PRESIDENT OBAMA'S JOB RATING ON THE ECONOMY – BY POLITICAL PARTY

"Now, turning to something different, how would you rate the overall job that President Barack Obama is doing on the economy?"

 

Base: All adults

 

Total

Political Party

Philosophy

Rep.

Dem.

Ind.

Cons.

Mod.

Lib.

%

%

%

%

%

%

%

POSITIVE (NET)

32

8

59

28

13

34

57

      Excellent

3

2

6

1

3

3

5

      Pretty good

29

6

54

27

10

31

52

NEGATIVE (NET)

68

92

41

72

87

66

43

      Only fair

30

22

32

32

18

37

30

      Poor

38

70

8

40

69

29

12

 

TABLE 3

EXPECTATIONS FOR THE ECONOMY IN THE COMING YEAR - TREND

"In the coming year, do you expect the economy to…?"

 

Base: All adults

 

2009

2010

April

May

Aug

Sept

Oct

May

June

Aug

Sept

Oct

Nov

Dec

%

%

%

%

%

%

%

%

%

%

%

%

Improve

39

38

46

40

34

38

30

29

28

30

34

29

Stay the same

35

35

32

36

37

34

42

39

40

40

41

45

Get worse

26

27

22

24

29

28

28

32

32

30

25

26

   

 

2011

2012

Feb

June

July

Sept.

Oct.

Dec.

Feb.

%

%

%

%

%

%

%

Improve

34

26

23

21

20

23

36

Stay the same

42

41

41

45

46

47

40

Get worse

25

33

37

34

34

29

24

Note: Percentages may not add up exactly to 100% due to rounding

TABLE 4

EXPECTATIONS FOR THE ECONOMY IN THE COMING YEAR

"In the coming year, do you expect the economy to…?"

 

Base: All adults

 

Total

Political Party

Rep.

Dem.

Ind.

%

%

%

%

Improve

36

17

61

32

Stay the same

40

46

29

41

Get worse

24

34

9

26

Note: Percentages may not add up exactly to 100% due to rounding

TABLE 5

RATING OF CURRENT JOB MARKET - TREND

"How would you rate the current job market of your region of the nation?"

 

Base: All adults

 

2008

2009

June

July

Jan

April

June

Aug

Sept

Oct

Nov

Dec

%

%

%

%

%

%

%

%

%

%

GOOD (NET)

28

30

6

12

9

8

10

10

8

9

Neither good nor bad

18

19

18

20

19

21

22

20

18

19

BAD (NET)

53

51

76

68

72

71

68

70

73

72

   

 

2010

Jan

Mar.

April

May

June

Aug

Sept

Oct

Nov

Dec

%

%

%

%

%

%

%

%

%

%

GOOD (NET)

10

8

10

12

10

12

10

13

11

13

Neither good nor bad

20

18

21

20

25

22

21

21

23

24

BAD (NET)

70

73

70

68

66

66

69

66

66

63

   

 

2011

2012

 

Jan

Feb

March

May

July

Sept

Oct

Jan

Feb

%

%

%

%

%

%

%

%

%

GOOD (NET)

13

15

13

16

12

11

9

14

16

Neither good nor bad

22

24

22

23

24

22

24

21

25

BAD (NET)

65

61

65

61

64

67

67

65

59

Note: Percentages may not add to 100% due to rounding

TABLE 6

RATING OF CURRENT JOB MARKET IN YOUR REGION – BY REGION

"How would you rate the current job market of your region of the nation?"

 

Base: All adults

 

Total

Region

East

Midwest

South

West

%

%

%

%

%

GOOD (NET)

16

15

15

19

12

  Very good

2

3

1

2

1

  Somewhat good

14

12

14

16

11

Neither good nor bad

25

29

24

26

22

BAD (NET)

59

56

61

55

66

  Somewhat bad

36

34

36

33

42

  Very bad

23

22

23

22

24

 

TABLE 7

EXPECTATIONS FOR JOB MARKET IN SIX MONTHS – TREND

"How do you think that the job market in your region of the nation will change over the next 6 months?"

 

Base: All adults

 

2009

2010

Jan

April

June

Aug

June

Aug

Sept

Oct

Nov

Dec

%

%

%

%

%

%

%

%

%

%

BETTER (NET)

15

23

21

28

26

23

21

23

30

25

  Will be much better

1

3

2

2

1

2

2

3

2

2

  Will be somewhat better

14

20

19

26

25

21

19

20

28

23

Will remain the same

36

42

47

47

53

49

53

53

50

54

WORSE (NET)

49

36

32

25

21

27

26

24

21

22

  Will be somewhat worse

36

29

24

19

15

22

20

18

15

16

  Will be much worse

14

7

8

6

6

5

6

6

6

6

   

 

2011

2012

Jan

Feb

Mar

May

July

Jan

Feb

%

%

%

%

%

%

%

BETTER (NET)

31

31

32

30

22

27

32

  Will be much better

4

4

2

4

2

2

2

  Will be somewhat better

26

27

30

26

20

25

29

Will remain the same

51

51

52

49

53

53

51

WORSE (NET)

18

18

16

21

25

21

17

  Will be somewhat worse

13

13

11

14

17

14

12

  Will be much worse

6

5

6

7

8

7

5

Note: Percentages may not add to 100% due to rounding

TABLE 8

EXPECTATIONS FOR JOB MARKET IN SIX MONTHS – BY POLITICAL PARTY

"How do you think that the job market in your region of the nation will change over the next 6 months?"

 

Base: All adults

 

Total

Political Party

Rep.

Dem.

Ind.

%

%

%

%

BETTER (NET)

32

18

52

27

  Will be much better

2

2

3

2

  Will be somewhat better

29

15

49

25

Will remain the same

51

60

39

55

WORSE (NET)

17

23

9

18

  Will be somewhat worse

12

15

5

13

  Will be much worse

5

7

3

5

Note: Percentages may not add to 100% due to rounding

TABLE 9

ARE WE IN A RECESSION?

"Thinking of the U.S. economy, which statement below is closest to your view?"

 

Base: All adults

 

Sept.

2011

Feb

2012

Political Party

Rep.

Dem.

Ind.

%

%

%

%

%

The U.S. is still in a recession

69

56

57

61

58

The U.S. has come out of a recession

 and the economy is growing

10

24

25

21

24

The U.S. came out of a recession but

will now enter a new recession

11

8

7

7

8

Not at all sure

11

12

11

12

10

Note: Percentages may not add to 100% due to rounding

Methodology
This Harris Poll was conducted online within the United States between February 6 and 13, 2012 among 2,056 adults (aged 18 and over). Figures for age, sex, race/ethnicity, education, region and household income were weighted where necessary to bring them into line with their actual proportions in the population. Propensity score weighting was also used to adjust for respondents' propensity to be online.

All sample surveys and polls, whether or not they use probability sampling, are subject to multiple sources of error which are most often not possible to quantify or estimate, including sampling error, coverage error, error associated with nonresponse, error associated with question wording and response options, and post-survey weighting and adjustments. Therefore, Harris Interactive avoids the words "margin of error" as they are misleading. All that can be calculated are different possible sampling errors with different probabilities for pure, unweighted, random samples with 100% response rates. These are only theoretical because no published polls come close to this ideal.

Respondents for this survey were selected from among those who have agreed to participate in Harris Interactive surveys. The data have been weighted to reflect the composition of the adult population. Because the sample is based on those who agreed to participate in the Harris Interactive panel, no estimates of theoretical sampling error can be calculated.

These statements conform to the principles of disclosure of the National Council on Public Polls.

The results of this Harris Poll may not be used in advertising, marketing or promotion without the prior written permission of Harris Interactive.

J41216
Q705, 715, 720, 725, 730

The Harris Poll® #20, February 21, 2012
By Regina A. Corso, SVP, Harris Poll, Public Relations and Youth and Education Research, Harris Interactive

About Harris Interactive
Harris Interactive is one of the world's leading custom market research firms, leveraging research, technology, and business acumen to transform relevant insight into actionable foresight. Known widely for the Harris Poll and for pioneering innovative research methodologies, Harris offers expertise in a wide range of industries including healthcare, technology, public affairs, energy, telecommunications, financial services, insurance, media, retail, restaurant, and consumer package goods. Serving clients in over 215 countries and territories through our North American and European offices and a network of independent market research firms, Harris specializes in delivering research solutions that help us – and our clients – stay ahead of what's next. For more information, please visit www.harrisinteractive.com.

Press Contact:
Corporate Communications
Harris Interactive
212-539-9600
[email protected]  

SOURCE Harris Interactive

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