(CNN) – As the stock market continues to show record highs, the number of Americans who say things are going well in the country has reached 50% for the first time in more than six years, according to a new national survey.
But that doesn’t mean the country is entirely out of the woods yet. The CNN/ORC International poll released Friday indicates that an equal 50% say the country is in bad shape.
“The number continues an upward pattern since the summer of last year, when only 35% were optimistic about the country’s conditions,” said CNN Polling Director Keating Holland.
While Wall Street shows positive growth, last month's unemployment numbers showed hiring slowed sharply in March, with the economy adding only 88,000 jobs, the lowest monthly gain since last June.
The unemployment rate still slipped to 7.6%, according to a Labor Department report released last week, but that's because nearly 500,000 people dropped out of the labor market.
Nevertheless, Americans haven’t been this optimistic since January 2007, when 57% felt the country was in good shape. That quickly fell to 48% by April of that same year. For more of the next four years, the figure hovered in the 20’s and 30’s, and stayed mostly in the 30’s and 40’s last year.
Breaking down the new 50% number further, senior citizens and rural Americans are those least likely to give a thumbs-up to current conditions. Those between 18 and 34 are the most likely to be optimistic, with 60% things are going well.
The CNN poll was conducted by ORC International, from April 5-7, with 1,012 adults nationwide questioned by telephone. The survey's overall sampling error is plus or minus three percentage points.
– CNN’s Ashley Killough contributed to this report.
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The U.S. economy sucks? The U.S. economy is the most trusted for foreign investments for a reason and its not because it sucks. The truth is those without a job don't blame themselves, they blame the U.S. economy. It's time to stop blaming the economy and looking for a handout.
This is just leftist propaganda! No amount of economic improvement will ever happen as long as that black man in the white house is there! There! I said it for ya'll right wing nut jobs out there!
Interesting story. This on the same day that CNBC headlines with Consumer Sentiment at at 9 month low. Guess it is how you ask the question or read the report.