Americans’ Worry About the Economy at Lowest Level in 18 Years

Washington Free Beacon | 11/21/2017 | Ali Meyer
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BY: Ali Meyer

Americans’ worry about the economy are at the lowest level seen in 18 years, according to a poll from Gallup.

Percent - Americans - Economy - Problem - United

Only 15 percent of Americans see the economy as a top problem facing the United States. The only time this percentage has been lower was in 1999 during the dot-com boom, when it hit an all-time low of 13 percent. Before the recession in late 2006 and early 2007, only 16 percent of Americans said the economy was a major concern.

Gallup has been asking respondents what is the major problem facing the country in an open survey format since 1979.

Mentions - Percent - February - Great - Recession

"Economic mentions peaked at 86 percent in February 2009, as the Great Recession continued and newly inaugurated president Barack Obama dealt with the fallout of the 2008 financial crisis," Gallup says. "The economy remained a top concern for several more years, with at least half of Americans mentioning an economic issue as the most important problem through August 2013."

Specifically, Americans are concerned about unemployment (4 percent), taxes (2 percent), and the federal budget deficit (2 percent).

Unemployment - Growth - Stock - Values - Americans

"With low unemployment, sustained economic growth, and historically high stock values, it is understandable that Americans are less concerned about the economy than they have been in many years," the report explains.

Businesses are also feeling more optimistic about the economy and are saying they believe now is a good...
(Excerpt) Read more at: Washington Free Beacon
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