The majority of Missourians think the country is in a recession according to a new survey released by Survey USA earlier this week.
Fifty-nine percent of Missourians surveyed insist we are in a recession including 68 percent of Democrats, 44 percent of Republicans and 58 percent of all independents.
Twenty-nine percent of the respondents indicated that the state is not yet in a recession, but is heading for one while just 7 percent of the respondents indicated the economy is currently thriving.
An actual recession can only be officially declared by the National Bureau of Economic Research (NBER), which usually makes the declaration two to three years after it actually occurs due to the lag in obtaining comprehensive, reliable data.
Survey USA polled 600 Missourians between Aug. 15th and 17th. The poll was commissioned by KCTV5 in Kansas City.
Related Links:
Survey USA Recession Poll for Missouri
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Saturday, August 30, 2008
Most Missourians think we're in a recession, survey says
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