Personal Economic Conditions (August 2024)

Personal Economic Conditions (August 2024)

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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?"
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categoryTotal
A lot better off4%
Somewhat better off15%
About the same36%
Somewhat worse off27%
A lot worse off17%
Don't know1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Measurement of Party ID for this figure is based on two questions. First, respondents were asked whether they consider themselves to be a Democrats, Republicans, independents, other, or not sure. Those who responded that they are independents or "other" were then asked if they lean toward either the Democrats or Republicans. If they indicated that they lean toward one party or the other, they are considered Democrats or Republicans for the purposes of this figure. Only "pure" independents or members of a third party who indicate that they have no preference for Democrats vis-a-vis Republicans are considered independents. Respondents who answered that they are "not sure" for either of the two aforementioned questions are not incorporated into this figure.
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CategoryDemocratIndependentRepublican
A lot better off8%1%2%
Somewhat better off20%8%13%
About the same42%39%30%
Somewhat worse off20%32%34%
A lot worse off11%15%22%
Don't know0%4%0%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Party identification is calculated according to the PID7 variable, a seven point scale of party identification.
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CategoryLean DemocratNot very strong DemocratStrong Democrat
A lot better off4%7%10%
Somewhat better off25%13%20%
About the same43%31%46%
Somewhat worse off21%30%15%
A lot worse off7%18%9%
Don't know0%0%1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Party identification is calculated according to the PID7 variable, a seven point scale of party identification.
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CategoryLean RepublicanNot very strong RepublicanStrong Republican
A lot better off0%2%2%
Somewhat better off12%12%13%
About the same26%27%32%
Somewhat worse off43%34%30%
A lot worse off19%25%22%
Don't know0%0%0%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Ideology is measured on a scale of 1-7, with 1 corresponding to "extremely liberal", 7 corresponding to "extremely conservative, and 4 corresponding to "in the middle." For the purposes of this table, respondents who placed themselves at or between points 1 and 3 on the scale are considered "liberal," respondents who placed themselves at point 4 on the scale are considered "moderate," and respondents who placed themselves at or between points 5 and 7 on the scale are considered conservative.
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CategoryLiberalsModeratesConservatives
A lot better off9%3%2%
Somewhat better off18%14%14%
About the same44%36%30%
Somewhat worse off17%27%34%
A lot worse off10%18%20%
Don't know1%1%1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Ideology is measured on a scale of 1-7, with 1 corresponding to "extremely liberal", 7 corresponding to "extremely conservative, and 4 corresponding to "in the middle." For the purposes of this table, respondents who placed themselves at or between points 1 and 3 on the scale are considered "liberal," respondents who placed themselves at point 4 on the scale are considered "moderate," and respondents who placed themselves at or between points 5 and 7 on the scale are considered conservative.
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CategoryLean liberalSomewhat liberalExtremely liberal
A lot better off10%7%11%
Somewhat better off24%18%14%
About the same43%46%43%
Somewhat worse off20%18%14%
A lot worse off3%11%16%
Don't know0%0%1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Ideology is measured on a scale of 1-7, with 1 corresponding to "extremely liberal", 7 corresponding to "extremely conservative, and 4 corresponding to "in the middle." For the purposes of this table, respondents who placed themselves at or between points 1 and 3 on the scale are considered "liberal," respondents who placed themselves at point 4 on the scale are considered "moderate," and respondents who placed themselves at or between points 5 and 7 on the scale are considered conservative.
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CategoryLean conservativeSomewhat conservativeExtremely conservative
A lot better off2%0%3%
Somewhat better off28%9%9%
About the same21%34%31%
Somewhat worse off33%37%31%
A lot worse off14%19%25%
Don't know1%1%1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Race is calculated according to the race variable.
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CategoryWhiteBlackHispanic
A lot better off4%4%4%
Somewhat better off14%24%14%
About the same35%39%35%
Somewhat worse off29%15%30%
A lot worse off18%17%16%
Don't know1%2%1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Gender is calculated according to the GENDER variable.
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CategoryMaleFemale
A lot better off4%4%
Somewhat better off17%13%
About the same37%35%
Somewhat worse off25%29%
A lot worse off16%17%
Don't know1%1%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Community type is based on the following question, " Would you say that you live in an urban, suburban, or rural community?"
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CategoryUrbanSuburbanRural
A lot better off8%3%2%
Somewhat better off24%12%10%
About the same33%41%28%
Somewhat worse off23%28%33%
A lot worse off12%16%27%
Don't know1%1%0%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Age is calculated according to the AGEG variable.
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Category18-2930-4445-6465+
A lot better off9%6%2%2%
Somewhat better off25%22%10%9%
About the same37%33%34%40%
Somewhat worse off18%22%32%33%
A lot worse off10%16%20%17%
Don't know1%2%1%0%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Education is calculated according to the EDUC variable.
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CategoryNo HSHigh school graduateSome college2-year4-yearPost-grad
A lot better off0%5%2%3%6%4%
Somewhat better off14%12%14%17%16%22%
About the same21%35%35%34%39%39%
Somewhat worse off38%27%29%28%26%24%
A lot worse off26%20%19%16%12%11%
Don't know1%1%1%1%0%0%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Religiosity is calculated according to the IMPORT variable.
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CategoryExtremely importantSomewhat importantNot very importantNot at all important
A lot better off6%3%1%5%
Somewhat better off12%20%15%13%
About the same32%35%42%43%
Somewhat worse off27%27%30%28%
A lot worse off22%15%12%9%
Don't know1%0%0%3%
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    Respondents were asked, "Compared to a year ago, would you say that you and your family are economically a lot better off, somewhat better off, about the same, somewhat worse off, or a lot worse off?" Fundamentalism is calculated according to the LITERAL variable.
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CategoryThe Bible is the actual word of God and is to be taken literally, word for word.The Bible is the word of God but not everything in it should be taken literally, word for word.The Bible is a book written by men and is not the word of God.Don't know.
A lot better off7%3%3%1%
Somewhat better off17%15%13%16%
About the same31%34%47%35%
Somewhat worse off26%29%26%28%
A lot worse off19%18%10%17%
Don't know1%0%1%3%

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