People Nervous About Economy, But Expect It To Improve

By: Associated Press
By: Associated Press

Americans' views on the economy's future are a mixed bag in the latest survey.

An Associated Press-GfK poll suggests people are skittish about the economy's immediate future. But it's a different story when they're asked to peer further down the line.

Despite experts' talk of recession, most expect the economy to generally be better and the stock market to be rising three months from now. But majorities also doubt unemployment will fall or home values will rise by then. People are split over whether their personal finances will improve.

Extend the time-line to a year and the survey shows the public's mood grows cheerier. Most say they expect more jobs and higher real estate values. The also think their own financial situations will be better a year from now.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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