More and more good news has been popping up on the economic front lately…but that doesn’t necessarily mean people are putting much stock in it. And going by the results of a telephone survey conducted by the polling firm StrategyOne, skepticism of a quick recovery is much more of the rule than the exception.
Out of the 1,000 respondents, an astronomical 87 percent said the U.S. is still in a recession. An equally significant 78 percent take issue with economic experts who have said otherwise.
Taking a longer-range view, a mere 26 percent predicted a full economic recovery by the end of 2010. Fifty-one percent said they weren’t expecting the recovery to be complete before the end of 2011.
But the news isn’t all grim: On the whole, attitudes are starting to shift into more positive territory. Forty-two percent of respondents perceived the economy as improving, a significant improvement over the 30 percent who felt that way this past July.
The answers also reflected a generation gap—50 percent of respondents aged 18 to 34 indicated they thought the economy was already on the mend, a sentiment shared by a mere 38 percent of those over age 55.
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