Essential Report

Economic expectations

Apr 14, 2020

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

  13/04 06/04
The economy will rebound within 2-3 months and grow just as strong or stronger than before Covid-19 12% 11%
The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter 49% 51%
Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession 27% 29%
Unsure 11% 9%
Base (n) 1,068 1,069

 

    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 12% 13% 11% 12% 13% 11%
The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter 49% 51% 48% 52% 49% 48%
Covid-19 will have long lasting impact on the economy and the country will fall into a lengthy recession 27% 26% 29% 23% 28% 30%
Unsure 11% 10% 13% 12% 10% 11%
Base (n) 1,068 537 531 343 340 385
  • Little change in the economic expectations from last week, with half of people (49%) think Covid-19 will impact the economy for up to a year, with slow growth following. A further 27% believe the impact will be even more devastating, with long-lasting impact and recession.

COVID-19 RESEARCH

Read Essential's ongoing research on the public response to Covid-19.

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