October 15, 2020: A Political IQ national poll found that 29% of voters nationwide believe the economy is getting better while 45% say it is getting worse. The poll, conducted by Scott Rasmussen, found that 22% believe it is staying about the same and 4% are not sure.[1]

That’s a slight improvement since June when a Ballotpedia survey found that 22% believed the economy was getting better and 50% say worse.[2]

Perceptions about the overall economy are typically a lagging indicator of economic performance. It is not unusual for many voters to believe the country remains in a recession for years after the recession officially ended.

However, perceptions of personal finances are often more responsive to changing dynamics. The latest poll shows that 27% of voters believe their own personal finances are getting better while 25% take the opposite view.[1]

Upper-income Americans are more positive than lower-income Americans about the economic trends.[1]

Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

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