Connect with us

Economy

Nearly two thirds say economy worse now compared to this time last year: poll

Published

on

Nearly two thirds say economy worse now compared to this time last year: poll

Nearly two in three Americans say the economy is worse now than it was a year ago, according to a new survey.

The figures released Thursday by the Democracy Fund + UCLA Nationscape Project showed that 64 percent of respondents said the state of economy is worse off today compared to the same point a year ago. In June, that figure was 73 percent.

The poll results come as the country battles its deepest recession since the Great Depression after many businesses were forced to shut down due to the spread of COVID-19. The U.S. Labor Department reported Thursday that there were nearly 870,000 new unemployment claims for the week ending Sept. 19, up by 4,000 from the week prior.

The coronavirus recession is weighing on President Trump ‘s reelection prospects. Before the pandemic, the economy was seen as his strongest argument for a second term in office.

Robert Griffin, research director for the Democracy Fund Voter Study Group, told USA Today that even though the latest survey results show more Americans are optimistic about the economy than just three months prior, these perceptions are divided ideologically, with 76 percent of Democratic respondents saying the economy is worse, compared with 50 percent of […]

read more here —> thehill.com