Mini Poll summary for June: How long will the recessionl last?

From the chart above it is clear that people do not see the recession ending soon.

Below is a summary of the Mini Poll data for June as compared to December, January, February, March, April, May and June.

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

Data for December, then January, February, March, April, May and June:
Mid 2009 4%, 17%, 10%, 12%, 4%, 7%, 3%
End 2009 35%, 25%, 24%, 21%, 25%, 11%, 6%
Mid 2010 15%, 13%, 12%, 3%, 33%, 19%, 14%
End 2010 15%, 10%, 4%, 18%, 15%, 15%, 9%
Mid 2011 12%, 17%, 10%, 3%, 4%, 4%, 6%
End 2011 8%, 0%, 10%, 3%, 4%, 4%, 6%
Mid 2012 0%, 0%, 2%, 3%, 2%, 7%, 0%
End 2012 0%, 0%, 2%, 0%, 0%, 19%, 29%
Much Longer than the choices you have provided 0%, 0%, 10%, 12%, 0%, 11%, 14%
We are going to be in a Depression 12%, 19%, 18%, 24%, 13%, 4%, 14%

If I summarize by Year:
2009 39%, 42%, 34%, 33%, 29%, 18%, 9%
2010 30%, 23%, 16%, 21%, 48%, 34%, 23%
2011 20%, 17%, 20%, 6%, 8%, 8%, 12%
2012 0%, 0%, 4%, 3%, 2%, 26%, 29%
Depression 12%, 19%, 18%, 24%, 13%, 4%, 14%

Sample size for December was 26, for January 48 votes, for February 51 votes, for March 39 votes, for April 48 votes, for May 27 votes and June 35 votes.

Again, from the chart below, the major change seems to be the change in the year 2012 but it moved out to the end of 2012 according to the first set of data above. This validates the Consumer Confidence numbers for June, as they dropped from 54.8 in May to a 49.3 in June, as reported yesterday. The last 2 Months of my surveys show a shift in peoples feelings about the length of the recession to a much longer time, than my earlier survey results have indicated.



As Unemployment increases so does despair! Feel free to click on my comments button below this post and add some personal examples to what you see daily that has you thinking this way.