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National economy: Americans glum, Chinese upbeat

National economy: Americans glum, Chinese upbeat

The Pew Research Center reported on August 9 that Americans, Japanese, and many Europeans are glum about their national economies. By contrast, Chinese, Indians and Australians feel positive about theirs.

Those are among the findings from a survey released Tuesday of 20,132 people in 16 countries by the Pew Research Center.

U.S. numbers are low, but rising

Just 44% of Americans rated the U.S. economy as “good,” although that proportion has risen steadily from 18% in 2011. Since that year, the U.S. unemployment rate has tumbled from 9% to 4.9%. Politics plays a role in how Americans assess their economy: Just 37% of U.S. conservatives give the economy high marks, vs. 55% of liberals.

China's numbers are high

China’s economic growth has been decelerating for five years, but 87% of Chinese still describe their economy as good. So do 80% of Indians and 57% of Australians. People in Japan and in many European countries regard their economies as poor.

Source

Associated Press

Pew Research