Tag Archives: recession

Ask Alabama poll shows state’s residents have mixed views on the economy

AUBURN – Auburn University’s Center for Governmental Services has released statewide polling results showing that many Alabama residents are suffering through this recession.

* 42 percent describe themselves as “struggling to make ends meet;”

* 47 percent say they are financially worse off today than a year ago;

* 19 percent of the state’s residents holding home mortgages worry that they will fall behind on their payments;

* 56 percent see interest rates for borrowers rising during the next 12 months; and

* 59 percent see more unemployment coming during the next 12 months.

– Contrasted with these downbeat opinions, however, are signs of hope for the state’s economy:

* 55 percent of the state’s residents say they’ll be better off financially a year from now. Nationally, less than one-third of Americans asked an identical question by the University of Michigan in June said their finances will be better off next year.

* 58 percent say they are either “living comfortably (52 percent) or doing “better than ever” (5 percent) in this recession.

*54 percent expect Alabama to come out of the recession at least as fast as the rest of the country.

Continue reading