Gas tank is half-full, poll finds

  • By Lesley Clark McClatchy Newspapers
  • Wednesday, March 28, 2012 7:50pm
  • Business

WASHINGTON — Americans are increasingly optimistic about the economy, but they are feeling strained by rising gasoline prices, according to a new McClatchy-Marist poll.

A slim plurality believes the worst of the nation’s economic woes are over, more than a third expect their personal family finances to get better over the next year — the highest rate since June 2010 — and the number of Americans who believe the U.S. is now in a recession is at its lowest point since Marist began tracking the question in May 2008.

“Most of the indicators show a slow but clearly growing sense of optimism,” said Lee Miringoff, the director of the Marist College Institute for Public Opinion, which conducted the poll.

But, he added, the spike in gas prices threatens to derail some of the gains.

More than 3 out of 4 surveyed, 77 percent, said that the higher cost of gasoline had put at least a “moderate amount” of strain on their family budget. Thirty-seven percent said the costs had put a “great deal” of strain on family finances. And more than half, 53 percent, said that they had changed their driving habits as a result.

Miringoff noted that the numbers are reflected in the current political battle, with Republicans looking to blame President Barack Obama for the soaring cost of energy. Obama, whose political fortunes could be threatened by the prices at the pump, launched a two-day, four-state tour last week to tout his energy policy in the face of the GOP attacks.

“You can tell from the campaign back and forth what people are telling them,” Miringoff said. “This is what the campaigns are seeing in their numbers.”

But the poll suggests the discontent isn’t as steep as it was in April 2008, when gas prices jumped to a then high of $3.50 a gallon. The Marist poll at the time found that 82 percent of respondents said that gas prices were putting at least a moderate strain on their finances.

“Clearly it’s a financial hardship for a lot of people, but the picture isn’t as bleak,” Miringoff said. “They feel less strapped than four years ago. Not good, but not as bad.”

That’s reflected in the drop in pessimism over the U.S. economy. Forty-nine percent believe the worst is behind when it comes to the U.S. economy.

“For the plurality, the glass is now half full; it’s been half empty for a long time,” Miringoff said.

At the same time, however, 66 percent of adults believe the U.S. is still in a recession. Analysts have said the recession officially ended in June 2009, but the poll shows Americans aren’t fully convinced.

“It’s all pointing in the right direction, but it’s not very convincing at this point,” Miringoff said.

———

Methodology:

This survey of 1,080 adults was conducted March 20-22. Adults who live in the continental United States were interviewed by telephone. Telephone numbers were selected based on a list of telephone exchanges from throughout the nation. The exchanges were elected to ensure that each region was represented in proportion to its population. To increase coverage, this land-line sample was supplemented by respondents reached through random dialing of cellphone numbers. The two samples were then combined. Results are statistically significant within 3.0 percentage points. There were 846 registered voters. The results for this subset are statistically significant within 3.5 percentage points.

———

(c)2012 the McClatchy Washington Bureau

Visit the McClatchy Washington Bureau at www.mcclatchydc.com

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Business

Simreet Dhaliwal speaks after winning during the 2024 Snohomish County Emerging Leaders Awards Presentation on Wednesday, April 17, 2024, in Everett, Washington. (Ryan Berry / The Herald)
Simreet Dhaliwal wins The Herald’s 2024 Emerging Leaders Award

Dhaliwal, an economic development and tourism specialist, was one of 12 finalists for the award celebrating young leaders in Snohomish County.

Lynnwood
New Jersey company acquires Lynnwood Land Rover dealership

Land Rover Seattle, now Land Rover Lynnwood, has been purchased by Holman, a 100-year-old company.

Szabella Psaztor is an Emerging Leader. (Olivia Vanni / The Herald)
Szabella Pasztor: Change begins at a grassroots level

As development director at Farmer Frog, Pasztor supports social justice, equity and community empowerment.

Owner and founder of Moe's Coffee in Arlington Kaitlyn Davis poses for a photo at the Everett Herald on March 22, 2024 in Everett, Washington. (Annie Barker / The Herald)
Kaitlyn Davis: Bringing economic vitality to Arlington

More than just coffee, Davis has created community gathering spaces where all can feel welcome.

Simreet Dhaliwal is an Emerging Leader. (Olivia Vanni / The Herald)
Simreet Dhaliwal: A deep-seated commitment to justice

The Snohomish County tourism and economic specialist is determined to steer change and make a meaningful impact.

Nathanael Engen, founder of Black Forest Mushrooms, an Everett gourmet mushroom growing operation is an Emerging Leader. (Olivia Vanni / The Herald)
Nathanael Engen: Growing and sharing gourmet mushrooms

More than just providing nutritious food, the owner of Black Forest Mushrooms aims to uplift and educate the community.

Emerging Leader John Michael Graves. (Ryan Berry / The Herald)
John Michael Graves: Champion for diversity and inclusion

Graves leads training sessions on Israel, Jewish history and the Holocaust and identifying antisemitic hate crimes.

Gracelynn Shibayama, the events coordinator at the Edmonds Center for the Arts, is an Emerging Leader. (Olivia Vanni / The Herald)
Gracelynn Shibayama: Connecting people through the arts and culture

The Edmonds Center for the Arts coordinator strives to create a more connected and empathetic community.

Eric Jimenez, a supervisor at Cocoon House, is an Emerging Leader. (Olivia Vanni / The Herald)
Eric Jimenez: Team player and advocate for youth

As an advocate for the Latino community, sharing and preserving its traditions is central to Jimenez’ identity.

Molbak's Garden + Home in Woodinville, Washington closed on Jan. 28 2024. (Photo courtesy of Molbak's)
Molbak’s, former Woodinville garden store, hopes for a comeback

Molbak’s wants to create a “hub” for retailers and community groups at its former Woodinville store. But first it must raise $2.5 million.

DJ Lockwood, a Unit Director at the Arlington Boys & Girls Club, is an Emerging Leader. (Olivia Vanni / The Herald)
DJ Lockwood: Helping the community care for its kids

As director of the Arlington Boys & Girls Club, Lockwood has extended the club’s programs to more locations and more kids.

Alex Tadio, the admissions director at WSU Everett, is an Emerging Leader. (Olivia Vanni / The Herald)
Alex Tadio: A passion for education and equality

As admissions director at WSU Everett, he hopes to give more local students the chance to attend college.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.