Americans Still Feeling Economic Gloom

Americans are more likely than they were a year ago to have positive views of the nation’s economy, but they’re still feeling more pessimism than optimism.
Americans Still Feeling Economic Gloom
Crews prepare the venue for the Oct. 28 CNBC Republican presidential debate, inside the Coors Events Center at the University of Colorado in Boulder, Colo., on Oct. 27, 2015. Republican presidential candidates taking the debate stage Wednesday in Colorado are hoping to carry momentum from a 2014 U.S. Senate victory in this toss-up state where independent voters outnumber the electorate from both major parties. AP Photo/Brennan Linsley
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WASHINGTON—Americans are more likely than they were a year ago to have positive views of the nation’s economy, but they’re still feeling more pessimism than optimism, according to a new Associated Press-GfK poll conducted ahead of CNBC’s GOP primary debate on Wednesday.

The candidates will attempt to impress Republicans in particular, who the poll finds feel much gloomier about the economy than Democrats.

Here are some things to know about opinions on the economy from the latest AP-GfK poll:

Still Feeling Gloomy

A majority of Americans—54 percent—say the nation’s economy is poor, the new poll shows. Just 45 percent call it good. Still, views of the economy are slightly rosier than they were over the summer, when a July AP-GfK poll found 41 percent of Americans described the economy as good, and more positive than they were a year ago, when just 38 percent said so.

Half of men, but just 4 in 10 women, describe the economy as good.

Americans are even less likely to see the nation heading in a positive direction overall. Just 36 percent think the country is heading in the right direction, while 63 percent think it’s headed in the wrong direction.

More than 8 in 10 Americans in the new poll described the economy as an extremely or very important issue, down slightly since July. Still, the economy rates higher in importance than any other issue in the poll.

GOP Especially Unhappy

The candidates will aim their messages at a Republican Party that has a particularly negative view of the economy.

While 65 percent of Democrats describe the economy as good, just 29 percent of Republicans say the same. Seven in 10 Republicans say the economy is poor, including more than 8 in 10 GOP supporters of the tea party. Eight-five percent of Republicans say the country is heading in the wrong direction.

Independents, too, are unhappy with the economy, with 33 percent seeing it as good and 62 percent poor.

Not Seeing Improvement

Few Americans—just 17 percent—think the economy has improved over the past month, while 21 percent think it has gotten worse and the bulk—60 percent—think it’s stayed about the same.

Most Americans don’t expect to see improvement in either the nation’s economy or their own financial situations in the next year, either.