Economic expectations

Apr 7, 2020

Q. Which of the following is closer to your expectations of what will happen to the economy following the Covid-19 situation?

    Gender Age Group
Total Male Female 18-34 35-54 55+
The economy will rebound within 2-3 months and grow just as strong or stronger than before Covid-19 11% 13% 9% 16% 11% 9%
The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter 51% 51% 50% 51% 45% 53%
Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession 29% 28% 30% 23% 33% 30%
Unsure 9% 7% 11% 10% 10% 7%
Base (n) 1,069 523 546 341 342 386
  • Half of people (51%) think Covid-19 will impact the economy for up to a year, with slow growth following. A further 29% believe the impact will be even more devastating, with long-lasting impact and recession.
  • Younger people aged 18-34 are a little more optimistic, with 16% thinking the economy will recover within 2-3 months (compared to 9% of those aged 55+).

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