Survey Finds Arkansans Somewhat Confident in U.S. Economy - KAIT Jonesboro, AR - Region 8 News, weather, sports

Fayetteville, AR

Survey Finds Arkansans Somewhat Confident in U.S. Economy

JULY 29, 2005 - Posted at 7:50 a.m. CDT

FAYETTEVILLE, AR - Arkansans are cautiosly optimistic about their economic future.

That's according to a new survey from the University of Arkansas, which asked 604 random Arkansans five telephone questions from June 21 to July 10.

The survey found Arkansas residents are confident in the American economy, but not as much as others.  Four of ten Arkansans think they're better off than they were a year ago, but more than a quarter of respondents say they're worse off.  Almost 90 percent expect some improvement or about the same for the next year, while one in ten percent expect their condition to worsen.

Nearly half of the Arkansas respondents believe the state's economy should continue to improve, but the national economy's future is blurrier, about 30 percent thought it would do well and 30 percent see bad times ahead.

(Copyright 2005 by The Associated Press.  All Rights Reserved.)

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