When you’re running for president: 5 facts about the future of America’s economy
Posted July 27, 2018 06:15:00The future of the economy is shaping up to be pretty uncertain.
The Dow Jones Industrial Average has hit a new record high, the S&P 500 is up nearly 4%, and the S.&.
P. stock index is down 2.7%.
But for the first time since 2008, Americans aren’t in panic mode, according to a new poll from the Pew Research Center.
The survey, released Tuesday, found that just 36% of Americans are more worried about the economy than they were two weeks ago, while a whopping 80% said the economy will continue to improve, improve, or get worse in the next six months.
And even more people, 45%, said they thought the economy would get worse by the end of 2020 than they expected.
What’s more, just 33% of respondents believe the economic recovery will continue beyond the end, while 63% say it will continue, slow or pick up.
And while a majority of Americans think the economy has improved, a majority (54%) don’t think it will.
“As the recovery continues to improve and the economy gets back to full employment, Americans are becoming more optimistic about the prospects for the economy,” said Pew Research.
“And that may lead to more positive news on economic policy, jobs, and the health of the country, as well as better health care, job growth, and consumer spending.”
The poll was conducted June 8-12 among 1,827 adults nationwide.
The Pew Research survey was conducted using a sample of 1,637 adults who are U.S. citizens and have a landline or cellular phone number.
The margin of sampling error for all respondents is plus or minus 3.5 percentage points.
Follow CNBC.com senior political writer Eric Edholm on Twitter: @EricEdholm.