Essential Report

Economic issues

Jan 30, 2018

Q. Do you think the following have become better or worse compared to 12 months ago?

  Total better Total worse   A lot better A little better No change A little worse A lot worse Don’t know   Total better Feb 2016 Total worse Feb 2016
Company profits 42% 12% 14% 28% 27% 8% 4% 20% 30% 22%
Unemployment 32% 33% 5% 27% 29% 21% 12% 7% 13% 53%
The economy overall 30% 32% 4% 26% 31% 23% 9% 7% 12% 55%
Your personal financial situation 25% 40% 4% 21% 32% 23% 17% 4% 18% 42%
Wages 10% 39% 2% 8% 40% 25% 14% 10% 14% 35%
National debt 17% 47% 3% 14% 23% 28% 19% 14% 9% 56%
Job security 13% 47% 2% 11% 33% 30% 17% 8% 11% 53%
Cost of living 7% 73% 2% 5% 16% 41% 32% 3% 7% 71%
Electricity costs 6% 75% 2% 4% 14% 32% 43% 5% 9% 62%

A substantial majority believe that, in the last 12 months, cost of living (73%) and electricity costs (75%) have all got worse. The only economic measure that has got better is company profits (42% better/12% worse).

Compared the last time this question was asked in February 2016, there has been an increase in the percentage that think electricity costs (up 13% to 75%) have got worse. However, there has also been an increase in the percentage that think company profits (+12), unemployment (+19) and the economy overall (+18) have got better.

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