WASHINGTON, D.C. (MCT) — 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 three out of four 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.
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, while 45 percent believe the worst is yet to come.
But that’s the lowest number since January 2011, when just 39 percent believed the worst was yet to come.