Wednesday, December 31, 2008

Dec. 31st Mini Poll Summary on Recession length

I decided to summarize the Mini Poll data since today is the last day of 2008. While the data has only been compiled since Dec. 26th when I started the Mini Poll. So here is the summary:

First the question:
How long do you believe this recession will last?

Mid 2009 4%
End 2009 35%
Mid 2010 15%
End 2010 15%
Mid 2011 12%
End 2011 8%
Mid 2012 0%
End 2012 0%
Much Longer than the choices you have provided 0%
We are going to be in a Depression 12%

If I summarize by Year:
2009 39%
2010 30%
2011 20%
2012 0%
Depression 12%

So after the New Year begins you can vote again and I will summarize January's data on January 31st and keep this going to measure the mood of those who voted. There were a total of 26 Votes in the past 6 days. Thanks for voting!

UPDATE Jan. 3, 2008
I came across the results of another poll today with a similar but slightly different question. First the question and then the data with a link to that poll below.

Q. When do you think manufacturing will come out of recession?
mid 2009 6%
end 2009 41%
mid 2010 29%
end 2010 or later 23%

The results are comparable to my findings but a little more negative outlook. Here's the link to Industry Week website.

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