As federal spending cuts take effect and the stock market
has reached record highs, the public continues to say they are hearing a mix of
good and bad news about the economy. Overall, 58% say they have been hearing
mixed economic news; a third (33%) have been hearing mostly bad news about the
economy, while just 7% say they have been hearing mostly good news. Views of economic news are little changed
in recent months.
While the overall economic news picture remains mixed, a
national survey by the
Pew Research Center,
conducted March 7-10 among 1,006 adults, finds modest improvement in views of
news about the financial markets. About a quarter (23%) say they are hearing
mostly good news about markets, up from 18% in February. Nonetheless, more
(29%) say they are hearing mostly bad news about financial markets; 43% report
hearing mixed news.
Meanwhile, impressions of news about gas prices have turned
sharply negative. Nearly three-quarters (74%) say they have been hearing mostly
bad news about gas prices, just 4% have been hearing mostly good news and 20%
have heard mixed news. About a month ago, 53% said they had been hearing mostly
bad news about gas prices. Negative impressions of news about gas prices have
risen across nearly all demographic groups.
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