55% Of Voters Think Economy Is Fair, 37% Poor

June 12, 2014

According to a recent poll by Profiles of Bermuda, 55.5% rate current economic conditions as only fair, while 37% rate them as poor.

Overall

More than half of all voters [55.5%] rate current economic conditions as only fair, while nearly 4 in 10 [37%] rate them as poor. Less than 1 in 10 voters [7.5%] rate economic conditions as either good or excellent. When asked to compare current conditions to conditions that existed a year ago, more than 4 in 10 voters [42.9%] stated that conditions had remained the same. One-third [32.3%] felt that conditions had worsened, while nearly onequarter of voters [23.7%] felt that economic conditions had improved.

In general, how would you rate economic conditions in Bermuda today?

Vote1

Compared to last year this time, would you say that economic conditions have improved, stayed the same, or got worse?

Vote2

Differences by Race

More than 7 in 10 [70.8%] of those who classified themselves as “Other” [other than black or white] were more inclined to say that conditions were only fair. Just over half of all white voters [54.4%] also felt that conditions were only fair, as well as a similar amount of black voters [53.8%]. Black voters were also more likely to say that conditions had worsened [41.1%].

When comparing conditions to the previous year, 4 in 10 white voters believed that conditions had improved [40.7%], while a similar amount of black voters [43.9%], felt that conditions had worsened.

Differences by Income

Voters living in households earning more than $100,000 per year [33.7%] were likely to feel that economic conditions had improved compared to last year. However, 4 in 10 of those living in households that earned between $50,000 and $100,000, and those earning less than $50,000, felt that economic conditions had worsened [40% and 38.8% respectively].

Differences by Gender

While male voters were likely to feel that compared to last year economic conditions had improved [30.8%], female voters were more likely to feel that conditions had worsened [37.9%].

Survey Notes

In explaining the poll, Profiles of Bermuda said, “The survey was conducted among 375 voters between 20 March 2014 and 18 May 2014 and has a margin of error of plus or minus 5%.

“Some 69% of respondents were obtained by landlines, 24% by cell phones and 7% via the internet. Data for all demographics were weighted to reflect the 2010 Census. Totals in the charts may exceed 100% due to rounding.”

Share via email

Read More About

Category: All, News, Politics

Comments (7)

Trackback URL | Comments RSS Feed

  1. Steve Biko says:

    Now which Minister said he don’t trust de polls ???????????????

  2. X man says:

    As far as I’m concerned none of these figures are true! — and I stand by my words!
    I travel Island wide due to my Job and talk to all walks of life in Bermuda .
    I believe that 75% of Black Bermudians feel that the economy’s bad while 40% of White Bermudians feel it’ fair.
    The People who think it’s good are the very rich who cannot feel a dame thing!
    Although I will say that the economy has improved a touch in the last 6 months. — but we still have a
    lot of unemployment.— and those who found jobs are making chicken feed!

    • Anon says:

      …but do those 75% understand who caused the majority of the problems in the first place and that it’s going to take a l-o-n-g time to turn it back around.

  3. PANGAEA says:

    The sooner the Government realizes that it is impossible to pay if the debt in my life time the better.

    The money is not out there.

    You know it takes 30 years to pay off a home owner mortgage.

    ” We the people” are just trying to survive.

    It goes this way, you can’t collect taxes from a dead guy or take tax dollars from a defunct business or from the un- employed.

    There fore the debt will be passed on to our children’s, children.

    Not until America recovers will then Bermuda recover.

    Understood !

  4. brigadooner says:

    Why would you have opinion polls on facts? Why not just present the economic statistics?

  5. Alvin Williams says:

    The minister who says Bermudians don’t understand how the economy works? but than he boasted that he was the first one to talk about banking reforms? and to turn around now and get upset when in the wake of a bank cocktail party; he now is singing a different tune. He has in fact run away from his own words unless he made those statements about Bermuda’s banking industry going in a different direction than the rest of Bermuda; only in a dream and now he is fully awake?

  6. Anon says:

    Alvin, stop because you’re really embarrassing yourself today.