PRINCETON, NJ -- On Friday, the government reported an increase in the unemployment rate, the price of crude oil saw a record one-day gain, and the Dow Jones Industrial Average tumbled nearly 400 points. Even this triple whammy was not enough to budge consumer views of the economy, which already rate among the worst Gallup has measured in any polling it has done historically. The latest Gallup Poll Daily tracking update finds 44% of Americans rating current economic conditions as poor and 86% saying the economy is getting worse. The most negative ratings thus far this year are a 47% poor rating and an 88% getting worse score. -- Jeff Jones
For the Gallup Poll Daily tracking survey, Gallup is interviewing no fewer than 1,000 U.S. adults nationwide each day during 2008. The economic questions analyzed in this report are asked of a random half-sample of respondents. The results reported here are based on combined data from 1,486 interviews conducted June 4-6, 2008. For results based on this sample, the maximum margin of sampling error is ±3 percentage points. In addition to sampling error, question wording and practical difficulties in conducting surveys can introduce error or bias into the findings of public opinion polls.
Interviews are conducted with respondents on land-line telephones (for respondents with a land-line telephone) and cellular phones (for respondents who are cell-phone only).
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