Monday, March 02, 2009

February Mini Poll results on length of recession

Here is a summary of the Mini Poll data for February as compared to January & December.

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

December data for December,then January and finally February data:
Mid 2009 4%, 17%, 10%
End 2009 35%, 25%, 24%
Mid 2010 15%, 13%, 12%
End 2010 15%, 10%, 4%
Mid 2011 12%, 17%, 10%
End 2011 8%, 0%, 10%
Mid 2012 0%, 0%, 2%
End 2012 0%, 0%, 2%
Much Longer than the choices you have provided 0%, 0%, 10%
We are going to be in a Depression 12%, 19%, 18%

If I summarize by Year:
2009 39%, 42%, 34%
2010 30%, 23%, 16%
2011 20%, 17%, 20%
2012 0%, 0%, 4%
Depression 12%, 19%, 18%

Sample size for December was 26 and for January 48 votes and for February 51 votes.

The largest change in the data showed that many now believe that we will go longer than 2012 as we have gone from 0% to now 10% and many have now given up on ending this mid 2009.

Now February had a number of people voting more than once during the month and most voted for the End of 2009. If I take those out the data changes dramatically. Here's how it changes:

Timeframe Number of Votes and %
Mid 2009 2, 5%
End 2009 7, 17%
Mid 2010 5, 12%
End 2010 2, 5%
Mid 2011 5, 12%
End 2011 4, 9%
Mid 2012 1, 2%
End 2012 1, 2%
Much longer 5, 12%
Depression 9, 22%

If I summarize this scrubbed data by Year:
2009 39%, 42%, 22%
2010 30%, 23%, 17%
2011 20%, 17%, 21%
2012 0%, 0%, 4%
Depression 12%, 19%, 22%

This is a significant change over the raw data presented at the beginning of this post, especially as to the % of people believing we are headed for a Depression. It shows a steady increase in those who feel we are headed for a Depression and a significant reduction in those seeing it ending in 2009


I have cleared the data accumulated from the Mini poll so feel free anytime this month to enter again when you believe the recession will end. We can all see how the results change over time. I wish more would vote as with a bigger sample size it would become more statistically relevant but I am appreciative for those of you who do vote so thanks!

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