Quarterly GDP estimates: Squishy, but still valuable
The first read on each quarter’s GDP growth is eagerly anticipated by economists, forecasters and pundits of all stripes. But those numbers are almost certain to be revised; their true value lies in what they say about the U.S. economy’s overall direction.
Many Say Economic Recovery Long Way Off
Four years after the recession officially ended, the economic recovery remains a long way off in the view of many Americans. And opinions of economic conditions have slipped back to levels from earlier this year.
The “been down so long it looks like up” economy
Fewer than one in five Americans rate the U.S. economy as “excellent” or “good”
Gun Debate Tops Public Interest
The public is paying far closer attention to news about the gun control debate than news about threats from North Korea or the debate over immigration policy.
Public’s Views of Economic News Remain Mixed
As federal spending cuts take effect and the stock market has reached record highs, the public continues to say they are hearing a mix of good and bad news about the economy.
Public Hearing Better News about Housing and Financial Markets
The good news about housing and financial markets is counterbalanced by persistently negative views of news about gas prices and prices for food and consumer goods.
Record Partisan Gap in Views of Economic News
Just 15% of Democrats say recent economic news is mostly bad, down from 31% a month ago and among the lowest percentages over the last four years. Six-in-ten Republicans (60%) say news about the economy is mostly bad, as do 36% of independents.
Public Continues to Hear Mixed Economic News
Public views of economic news—both overall and across most sectors—are little changed in recent months.
Obama Holds Lead; Romney Trails on Most Issues
Despite the stagnant economy and broad dissatisfaction with national conditions, Barack Obama holds a significant lead over Mitt Romney. Obama is favored by a 50% to 43% margin among registered voters. Romney loses ground on issue of which candidate can best improve the economy.
Economy, Election Are Public’s Top Stories
The public continued to track news about the economy and the presidential election, while paying less attention to another important political story – Wisconsin Gov. Scott Walker’s victory in a hard-fought recall election.