Two polls released this week by the USA Today and the Washington Post are painting radically different perspectives about the economy.

We’re looking exclusively at those two polls- beginning our analysis by looking at USA Today, which explains why poll results in general are significant:

“A business owner who thinks the economy is turning around is less likely to lay off workers, for instance. A consumer who feels more confident about the future is more likely to buy a new car or house, which fuels growth.”

Its poll, conducted in conjunction with Gallup, finds a majority of Americans feel they will be better off financially at this time next year,

and reports a “notable spike” in the number of Americans who feel the economy is getting better.


Meanwhile, the Washington Post reports that the number of Americans who feel the stimulus package will help the economy is shrinking. Its poll, in conjunction with ABC News, finds that:

“Overall, 52 percent now say the stimulus package has succeeded or will succeed in restoring the economy, compared with 59 percent two months ago. The falloff in confidence has been the sharpest in the Midwest, where fewer than half now see the government spending as succeeding. In April [it was] six in 10 …”

But USA Today reports:

“Now 36% of those surveyed in the Gallup-Healthways well-being poll say the economy is getting better. That's not exactly head-over-heels exuberance, but it is double the number who felt that way at the beginning of the year”

So what do you think? Does the media’s coverage of polls cause a ripple effect upon the economy? We invite you to leave your comments on our website, and encourage you to check out the coverage in USA Today and the Washington Post.

Business News

Tale of Two Polls

June 24, 2009
(1:43)
Two conflicting polls conducted by the media could have drastic effects on American confidence in the economy.
   
YOU NEED FLASH TO VIEW THIS VIDEO
TRANSCRIPT

To leave a comment, please log in with Facebook Connect or your Newsy account. Register here to create one.
MOST RECENT|MOST POPULAR|MOST COMMENTED|HIGHEST RATED

Ellen DeGeneres Fires Back at J.C. Penney Protesters
On her talk show, DeGeneres addresses the One Million Moms protest of her as J.C.Penney's new spokesperson. Plus, see who her surprise supporter is.
(1:39)
February 9, 2012
China's Heaviest Baby Born
A 29-year-old mother in China has given birth to a big baby. Chun Chun is so big, he's broken a record.
(1:28)
February 9, 2012
Nokia to Cut 4,000 Jobs
Nokia cuts 4,000 manufacturing jobs in Europe and Mexico, relocating its smartphone assembly to Asia.
(1:32)
February 9, 2012
Victim of Atlanta Beating Comes Forward
20-year-old Brandon White has revealed himself as the victim of a three-on-one beating in Atlanta, a beating believed to be a hate crime.
(1:43)
February 9, 2012
Newsy Now: February 9 (1530 GMT)
Mortgage bailout for U.S. homeowners; Greece reaches deal ahead of EU meeting; Syrian violence continues; rumored iPad 3 image.
(1:51)
February 9, 2012
Tensions Rise Over the Falklands
Argentina launches a complaint to the UN Security Council over Britain's decision to send battleship to the Falkland Islands.
(2:40)
February 9, 2012
Jack in the Box Wants to Serve You a Bacon Shake
Jack in the Box has plans to offer a bacon milkshake, but some consumers aren't impressed.
(1:50)
February 9, 2012
Skydiver Plans Free Fall From Space
An Austrian skydiver wants to break the speed of sound by free falling from the edge of space.
(1:41)
February 9, 2012
Same-Sex Marriage Poster Couple Gets Divorce
In the wake of the latest Prop 8 ruling, the first same-sex couple married in Los Angeles is getting a divorce.
(1:54)
February 9, 2012
Path Quietly Copies Users' Address Books
Social networking app Path copies users' address books to its servers without their knowledge or approval, a developer has discovered.
(2:12)
February 9, 2012
Unlocked Lumia 800 Coming to U.S. for $900
Microsoft has announced it will be selling an unlocked version of Nokia's flagship Windows phone stateside, as part of a bundle deal.
(2:06)
February 9, 2012
Designer Karl Lagerfeld 'Little too Fat' Comment Backfires
The Chanel designer Karl Lagerfeld is under fire for dissing the Grammy-award winning Adele's weight.
(2:00)
February 9, 2012
Hackers Expose Emails About Bribes Within Russian Media
Hackers uncover emails showing pro-Putin groups paying bloggers to support the prime minister and attack his opponents.
(1:59)
February 9, 2012
Scientists Drill Into a Lost World
A Russian drilling team has broken through two miles of ice to reach a prehistoric lake. Will they find new forms of life?
(2:29)
February 8, 2012

Newsy