New York Times’ Survey: ‘Economic Outlook Brightening’

ADMIN

• April 08 2009
• 247 views
• 1 comment

A New York Times/CBS News poll shows that the amount of people in the United States who feel that the economy is getting better grew from February to April and two-thirds of Americans surveyed said they fully approve of President Obama’s job performance and the way he is handling the economy. A direct excerpt from the report:

“The poll found that 70 percent of respondents were very or somewhat concerned that someone in their household would be out of work and looking for a job in the next 12 months. Forty percent said they had cut spending on luxuries, and 10 percent said they had cut back on necessities; 31 percent said they had cut both.

For all that, the number of people who said they thought the country was headed in the right direction jumped from 15 percent in mid-January, just before Mr. Obama took office, to 39 percent today, while the number who said it was headed in the wrong direction dropped to 53 percent from 79 percent. That is the highest percentage of Americans who said the country was headed in the right direction since 42 percent said so in February 2005, the second month of President George W. Bush’s second term.”

The article also quoted Independent Frank Henwood as saying the stock market seems to have bottomed out and is on the rise, and with that comes hope of increased employment and more consumer spending. Today’s stock quotes for many action sports companies seem to match that sentiment, with most either flat or positive. Here’s hoping that trend continues.

(Poll: New York Times)