Alabama residents have mixed views on the economy 42% say they’re struggling to make ends meet,
but 55% say they’ll be better off in 2010

AUBURN (August 3, 2009) Auburn University’s Center for Governmental Services today released statewide polling results showing that many Alabama residents are suffering through this recession.

  • 42 percent describe themselves as “struggling to make ends meet;”

  • 47 percent say they are financially worse off today than a year ago;

  • 19 percent of the state’s residents holding home mortgages worry that they will fall behind on their payments;

  • 56 percent see interest rates for borrowers rising during the next 12 months; and

  • 59 percent see more unemployment coming during the next 12 months.

However, contrasted with these downbeat opinions are signs of hope for the state’s economy:

  • 55 percent of the state’s residents say they’ll be better off financially a year from now. [NOTE: Nationally, less than one-third of Americans asked an identical question by the University of Michigan in June said their finances will be better off next year.]

  • 58 percent say they are “living comfortably (52%) or doing “better than ever” (5%) in this recession.

  • 54 percent expect Alabama to come out of the recession at least as fast as the rest of the country.

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Copyright 2009 Center for Governmental Services at Auburn University