Economic Conditions

Overview The Democrats are in a strong position with the public as they engage in negotiations to find a solution to the fiscal cliff crisis. Barack Obama’s first post-reelection job approval rating has risen to 55%, up five points since July and 11 points since the start of the year. Obama’s job rating is markedly […]

What does Obama’s return to the White House portend for U.S.-China economic relations? The U.S. public wants Washington to ratchet up the pressure on Beijing, but history suggests that there are geo-political constraints to doing so.

Overview With Washington making little apparent progress in efforts to avoid going over the “fiscal cliff,” public opinion about the situation has changed little over the past three weeks. The latest national survey by the Pew Research Center for the People & the Press and The Washington Post, conducted Nov. 29-Dec. 2 among 1,003 adults, […]

Just as the White House and Congress faced a deadline for an agreement on raising the debt ceiling in 2011, they now must reach a deal to avoid a "fiscal cliff" before year-end. And, they have to do it against the backdrop of a public that's divided on how to reduce the deficit.

Overview As the president and congressional leaders begin negotiations to avoid the “fiscal cliff” deadline at the end of the year, there is widespread public concern about the possible financial consequences. More say the automatic spending cuts and tax increases scheduled to take effect in January would have a major effect on the U.S. economy […]

I.  Overview Hispanics have grown more satisfied with the nation’s direction and more confident in their finances since 2011, according to a new survey from the Pew Hispanic Center, a project of the Pew Research Center. Today, half of Latinos (51%) express satisfaction with the direction of the country, a 13 percentage point increase over […]

Despite more than 90% of Chinese feeling that they enjoy a higher standard of living than their parents, concerns over corruption, social inequality and food safety are growing.

Overview Public concern over the debt and deficit, already extensive, is only likely to increase as the so-called “fiscal cliff” approaches at the end of the year. Yet among a dozen specific options for reducing the debt and deficit, only two win majority approval from the public – raising taxes on annual incomes over $250,000 […]

Overview Americans are hearing less negative news about the nation’s economy than they were just a month ago, and perceptions of news about other economic sectors – notably, the job situation – have improved as well. Most Americans continue to hear a mix of good and bad news about the economy (62%), but the share […]

In the two years since the end of the recession, median household income has fallen by 4.1%, decreasing by about as much as it did during the recession itself.