What Americans think about the economic recovery

BROOKVILLE, NY, April 21, 2021 / PRNewswire / – New Release Results Long Island University A national poll from the Steven S. Hornstein Center for Policy, Polling and Analysis finds that half of Americans believe the economic recovery is the result of the federal government’s COVID-19 stimulus package, while 32 % of Americans believe that the increase in the deficit will lead to an economic crisis. slowing down over time.

RECOVER THE ECONOMY
The U.S. economy is showing signs of recovery amid the pandemic as COVID-19 vaccinations increase and federal stimulus controls are spent on United States. The US Department of Commerce released information through the Census Bureau report on April 15 as retail sales and restaurant services increased 9.8% from the previous month. A United States Department of Labor Report on April 15 showed that unemployment thresholds were improving with 200,000 fewer American workers claiming initial unemployment benefits. A Federal Reserve Report on April 15 found that industrial production, a key performance indicator of the US economy, rose 1.4% last month, as measured by the output of factories and utilities.

IS THE ECONOMY IN RECOVERY DUE TO THE FEDERAL GOVERNMENT’S COVID-19 STIMULATION ASSISTANCE PACKAGE?
50% OF AMERICANS SAID YES
Americans were asked if they think the federal government’s COVID-19 stimulus assistance program will boost economic growth. Half of the respondents (50%) said yes. Political opinions made a difference as 65% of Democrats who answered said yes, while 40% of Republicans and 41% of Independents who answered said yes.

WILL AN INCREASED STIMULUS AID PACKAGE DEFICIT CAUSE AN ECONOMIC REDUCTION OVER TIME?
32% OF AMERICANS SAID YES
Respondents were also asked if they thought an increased deficit in the COVID-19 stimulus program would lead to an economic slowdown. About a third of respondents (32%) said yes. Political opinion played a role as 20% of Democrats who answered said yes; 53% of Republicans and 30% of independents who answered said yes.

HOW AMERICANS THINK THEM $ 1,400 CHECKING THE STIMULES?
34% SAY MORTGAGE, RENTAL, FOOD, CAR, CREDIT CARD FEES
23% SAID SAVE IT
Americans were asked how they use their $ 1,400 stimulus control under the federal government’s COVID-19 stimulus assistance program in America. The most common response was for mortgage, rent, food, car, and credit card expenses (34%). Second, 23% of respondents said they saved it. Other responses included other expenses (17%), uncertain / no response (6%), and charity (2%). 17% of respondents said they had not received a stimulus check. The Americans who had the highest response rate to savings were between the ages of 18 and 29 (29%). 47% of respondents said that $ 1,400 the amount of the stimulus check should have been higher, 15% said less and 38% said correct.

METHODOLOGY
This Long Island University The Steven S. Hornstein Center for Policy, Polling, and Analysis online survey was conducted by SurveyMonkey from April 6 – 7, 2021 on a national sample of 1582 adults aged 18 and over. Respondents to this survey were selected from over 2.5 million people who complete surveys on the SurveyMonkey platform every day. This week’s data has been weighted for age and sex using the Census Bureau’s American Community Survey to reflect the demographic makeup of United States. The modeled error estimate for this survey is plus or minus 2.5 percentage points.

ABOUT LONG ISLAND STEVEN S. HORNSTEIN UNIVERSITY CENTER FOR POLICY, SURVEY AND ANALYSIS
the Long Island University Steven S. Hornstein Center for Policy, Polling, and Analysis conducts independent polls, empirical research and analysis on a wide range of public issues. Our research informs the public and decision-makers about the critical issues, attitudes and trends shaping the world. Visit liu.edu/Hornstein for more information and the results of this national survey.

ABOUT LONG ISLAND UNIVERSITY
Long Island University, founded in 1926, continues to redefine higher education, providing high-quality academic education by world-class faculty. Recognized by Forbes for its emphasis on experiential learning and by the Brookings Institution for its “added value” to student outcomes, LIU offers more than 250 degree programs, with a network of 270,000 alumni that includes industry leaders and entrepreneurs from around the world. Visit liu.edu for more information.

SOURCE Long Island University

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