Since March, the economy has been a top issue of concern for Americans. It’s factoring heavily into Americans’ voting decisions, and the changing season is only raising concerns about how the onset of winter will affect the physical and economic health of families across the country.
As we head into colder months, we can expect the economic impact of shutdowns will deepen as outdoor activities become less likely. Already, Americans are reporting that they have done the following in the last three months:
A majority of Americans (68%, +3) think the lingering impact of the coronavirus to the overall economy will last seven months or more. Forty-nine percent (+3) think it will be more than a year.
When it comes to the personal impact, people are less pessimistic. Fifty-eight percent (+1) say they think the impact of the coronavirus will last seven months or more, and 42% claim it will be six months or less. Here’s how those attitudes break down across political leanings:
While the number is trending upward, Americans are cautiously optimistic about the country’s economic health. Only 37% (+2 from September 30-October 1) describe the health of the US economy as excellent or good.
Perspectives on the economy tend to vary across regions and political affiliations. The following tables show the significant regional and political breakdowns within each category of total responses.
US economy is excellent/good (Total = 37%)
|West South Central||41%|
US economy is fair (Total = 25%)
US economy is poor or in crisis (Total = 38%)
|East North Central||43%|
|West North Central||45%|
|East South Central||46%|
|West South Central||43%|
When it comes to the second coronavirus stimulus package debated by Congress, 40% of Americans hold both Republicans and Democrats accountable. Twenty-seven percent hold Republicans accountable, while 20% look to Democrats.
Americans indicate slightly more trust in Democrats (36%, -1 from September 30-October 1) than Republicans (32%, -1) to develop a stimulus package.
This latest polling wave asked Americans for their opinions on which policy solutions would improve jobs and the economy. Many showed favor toward market-oriented reforms in this issue area.
State Policy Network is working with Heart + Mind Strategies to track the American public’s opinions through this time of upheaval and change. This data was collected by Heart+Mind Strategies through an online survey conducted October 14-15, 2020 (n=1,002). It represents Wave 21 of the tracking survey, which began on March 18-19, 2020.