** WELCOME TO THE NUMBER OF THE DAY
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** JANUARY 13, 2021
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Economic optimism declined as the new year arrived. A Scott Rasmussen national survey found that 19% of voters believe their personal finances are getting better. That's down three points from a month ago ([link removed]) and down eight since October ([link removed]) .[1] ([link removed])
Twenty-six percent (26%) believe their own finances are getting worse. That's up just a single point compared to the pre-election survey.[1] ([link removed])
The decline in optimism has been driven by Republicans. Prior to the election, 43% of GOP voters believed their finances were getting better. That fell to 36% after the election ([link removed]) and 18% now. Such a partisan perspective is fairly normal following an election. Typically, Republicans are more upbeat about the economy when a Republican is in the White House, and Democrats are more optimistic when a Democrat is president.[1] ([link removed]) [2] ([link removed]) [3] ([link removed])
That decline has been partially offset by an increased confidence among Democrats. Twenty-five percent (25%) of Democrats now say their finances are getting better. That's up seven points since Biden was elected.[1] ([link removed])
Among independent voters, 14% now say their finances are getting better, while 28% say worse.[1] ([link removed])
The survey also found that just 12% believe the overall economy is getting better, while 51% say it's getting worse.[1] ([link removed])
Eighteen percent (18%) currently rate the economy as good or excellent, while 37% say it's in poor shape.[1] ([link removed])
On the personal front, 37% say their own finances are good or excellent. Twenty-three percent (23%) say their finances are in poor shape.[1] ([link removed])
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** ABOUT THE NUMBER OF THE DAY
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Each weekday, Scott Rasmussen’s Number of the Day ([link removed]) 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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