Sunday, May 03, 2009

Mini Poll survey summary for April: How long the recession will last

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

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

Data for December, then January, February, March and April:
Mid 2009 4%, 17%, 10%, 12%, 4%
End 2009 35%, 25%, 24%, 21%, 25%
Mid 2010 15%, 13%, 12%, 3%, 33%
End 2010 15%, 10%, 4%, 18%, 15%
Mid 2011 12%, 17%, 10%, 3%, 4%
End 2011 8%, 0%, 10%, 3%, 4%
Mid 2012 0%, 0%, 2%, 3%, 2%
End 2012 0%, 0%, 2%, 0%, 0%
Much Longer than the choices you have provided 0%, 0%, 10%, 12%, 0%
We are going to be in a Depression 12%, 19%, 18%, 24%, 13%

If I summarize by Year:
2009 39%, 42%, 34%, 33%, 29%
2010 30%, 23%, 16%, 21%, 48%
2011 20%, 17%, 20%, 6%, 8%
2012 0%, 0%, 4%, 3%, 2%
Depression 12%, 19%, 18%, 24%, 13%

Sample size for December was 26, for January 48 votes, for February 51 votes, for March 39 votes and for April 48 votes.

The largest change in the data shows that many now believe that the recession will end in 2010, which is more optimistic than it was last month where many saw us going into a Depression. This may account for the latest market move up this past month.

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 am appreciative for those of you who do vote, so thanks!

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