Americans in Poll Lack Economic Confidence as Plurality See Decline

Only 1 American in 7 has faith a lasting economic recovery has taken hold and a plurality say they are personally worse off than they were two years ago.

Almost half of the respondents in a Bloomberg National Poll conducted March 4-7 believe the U.S. is in a “fragile” rebound and could fall back into recession. More than a third of the country believes the U.S. never emerged from recession.

Sixty-three percent of Americans say the nation is on the wrong track, compared with 66 percent who said so in December, which was the lowest in the national mood in the one and a half years the Bloomberg poll has been conducted.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, America/U.S.A., Economy, Energy, Natural Resources, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Politics in General, Psychology, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--