More Americans see recovery as “long way off”

Jonathan Sweet, Editor In Chief

By Jonathan Sweet, Editor-in-Chief
July 30, 2013
Filed under Jonathan Sweet

A new study from the Pew Research Center shows that Americans are becoming more pessimistic about an economic recovery.

That could mean bad news for big-ticket purchases such as boats as consumers continue to feel shaky.

In the recent survey, 44 percent of those surveyed said the recovery was a “long way off,” while 26 percent said it will recover soon. Only 28 percent said the economy is already recovering.

That’s a sharp increase from last October (shortly before the election) when 36 percent said it would be a long time before the economy recovered. It also ends a generally positive trajectory in the survey that had been going on since 2011.

Some more interesting stats in the rest of the study, so be sure to click through and take a deeper look.

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