(CPOD) Nov. 18, 2004 – Many adults in the United States believe their country’s finances are improving, according to a poll by the Marist College Institute for Public Opinion. 51 per cent of respondents think the American economy is not in a recession, a seven per cent increase since April.
(CPOD) Nov. 18, 2004 – Many adults in the United States believe their country’s finances are improving, according to a poll by the Marist College Institute for Public Opinion. 51 per cent of respondents think the American economy is not in a recession, a seven per cent increase since April.
In October, the U.S. economy added 337,000 new jobs. The country’s unemployment rate is currently at 5.5 per cent, and consumer prices rose by 0.2 per cent. 54 per cent of respondents believe unemployment should be the main concern for the domestic economy, while 29 per cent mention rising prices—a nine per cent increase since April.
In American elections, candidates require 270 votes in the Electoral College to win the White House. Earlier this month, Republican incumbent George W. Bush earned a second term after securing 286 electoral votes from 31 states.
Polling Data
Do you think that the U.S. economy is currently in a recession or not?
Nov. 2004 | Apr. 2004 | |
Recession | 42% | 53% |
No recession | 51% | 44% |
Unsure | 7% | 3% |
What do you consider to be the most important concern for the United States economy?
Nov. 2004 | Apr. 2004 | |
Unemployment | 54% | 61% |
Rising prices | 29% | 20% |
Interest rates | 9% | 9% |
The stock market | 8% | 10% |
Source: Marist College Institute of Public Opinion
Methodology: Telephone interviews to 1,028 American adults, conducted on Nov. 3 and Nov. 4, 2004. Margin of error is 3 per cent.
