For Americans’ economic optimism, there’s no place like home

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Betsi Fores The Daily Caller News Foundation
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A new Gallup poll shows that Americans feel less optimistic about the national economy than they do about their local economies.

The poll showed 49 percent of respondents rated the economic condition of their local area as good or excellent. That number dropped to 25 percent when respondents were asked to rate the national American economy, and only 13 percent felt good or excellent about the world economy.

“The average American is not in as dire straits economically as would be thought based on national economic confidence ratings alone,” according to Gallup.

These figures appear to contradict recent consumer confidence numbers, which were down in May to their lowest point in 2012.

The poll also found that Americans living on the west coast feel more negatively about economic conditions than those living on the east coast, most likely due to the dismal economic climate of big states like California.

Republicans overall were more pessimistic about the economy than independents and Democrats.

But Americans comparatively were not too concerned about the economic problems in Europe.

“[The poll] may provide some comfort to those worried about the impact of a struggling U.S. economy on consumer confidence,” according to Gallup.

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