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 views of economic news—both overall and across most sectors—are little changed in recent months.
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.
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.
The public’s perceptions of economic news have taken a turn for the worse. That could be bad news for Barack Obama, who held a lead over Mitt Romney in polling conducted mostly before disappointing jobs report and stock market slide during the week of May 31-June 3.
Americans followed news about the nation’s economy more closely than any other news last week amid new signs the pace of the recovery has slowed.
The number of Americans hearing mostly bad news about the nation’s economy continues to decline.