July 2, 2009

Many say U.S. economy still in trouble

Forty percent of respondents to a recent survey indicated the U.S. economy is still headed in the wrong direction, a CNN/Opinion Research Corp. poll said.

Although polls in recent months have shown some signs of growing optimism, that appears to have stalled, CNN polling director Keating Holland said.

In January, 50 percent said the economy was in very poor shape; that figure dropped to 37 percent in April, but now it has risen slightly, to 41 percent, Holland said.

The prevailing view? We're in a stall, said CNN senior political analyst Bill Schneider.

Twenty percent of the respondents indicated the economy was in good shape, a jump from 11 percent in March, CNN reported.

The survey of 1,026 U.S. adults was conducted June 26-28 and carries a margin of error of plus or minus 3 percentage points.