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December 4th, 2008

More Americans say recession is serious

Posted: 12:30 PM ET

By Lara Moscrip
CNNMoney.com contributing writer
NEW YORK (CNNMoney.com) - More than four out of 10 Americans say the economy is in a serious recession, a belief that has grown stronger within the past few weeks, according to a poll released Thursday.

A CNN/Opinion Research Corp. poll of 1,096 Americans conducted earlier this week found the percentage of people who believe the economy is in a serious recession has grown to 42 percent from 32 percent in mid-October.

Overall, 89 percent of those polled believe the nation is in some form of recession - serious, moderate or mild. That's up from 76 percent in mid-October, a few weeks before the election.


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