October surprise: Americans feeling better about economy
With only days to go before the presidential election, a remarkable thing has happened: Americans have stopped feeling quite so crummy about the economy in general, and their personal financial situation in particular.
it’s too early to say that people have completely let go of the financial worries brought on by the Great Recession and weak recovery. Still, several data points released this month show that Americans are feeling less negative about their finances and the economy, and a little more willing to spend money.
“People feel we’re out of the woods, but we’re not in the clearing,” said Lydia Saad, a senior editor with Gallup.
The slightly more optimistic feelings come more than three years after the economy officially came out of recession and limped into the current sluggish expansion.
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