Economic Confidence Higher in Canada Than in U.S. and Britain
One of the biggest concerns for respondents in the three countries is unemployment affecting their household.
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(12/28/12) -
Canadians reach the end of 2012 with a higher level of confidence in their domestic economy than Americans and Britons, a new Angus Reid Public Opinion poll has found.
In the online survey of representative national samples, three-in-five Canadians (62%, -1 since September) rate the current economic conditions in their country as “very good” or “good.”
In the United States, 23 per cent of respondents (+1) have positive views on the country’s finances. Britain continues to have the lowest numbers on this question, at 11 per cent (+2).
In Canada, almost three-in-four Albertans (73%) are satisfied with Canada’s economic conditions. Americans who reside in the Northeast and the West hold the highest numbers (27% each), while Londoners (at 16%) lead the rating in Britain.
More than half of Canadians (56%, -5) claim their own personal finances are currently “very good” or “good”, a view shared by 43 per cent of Americans (-3) and 38 per cent of Britons (-2).
While 16 per cent of Canadians expect their domestic economy to decline in the next six months, 30 per cent of Americans and 35 per cent of Britons foresee a downturn in their countries.
The biggest economic concerns in Canada are the value of investments (35% have worried “frequently” or “occasionally” about this), the safety of savings (34%) and unemployment affecting their household (33%). In the United States, these concerns are more prevalent (46%, 42% and 44% respectively). Britons are primarily worried about joblessness (37%).
Full Report, Detailed Tables and Methodology (PDF)
CONTACT:
Mario Canseco, Vice President, Angus Reid Public Opinion
+877 730 3570
mario.canseco@angus-reid.com
Full Methodology Details
Angus Reid Public Opinion conducted an online survey among:
- 1,009 American adults who are Springboard America panelists, from December 13 to December 14, 2012.
- 2,009 British adults who are Springboard UK panelists, from December 16 to December 17, 2012.
- 1,004 Canadian adults who are Angus Reid Forum panelists, from December 11 to December 12, 2012.
The margin of error—which measures sampling variability—is +/-2.2% for Great Britain, +/-3.1% for Canada and the United States. The results have been statistically weighted according to the most current education, age, gender and region Census data to ensure a sample representative of the entire adult population of each country.
