This week’s special question asked AAII members for their opinion about the current pace of economic growth. Approximately 20% of respondents described the rate of growth as being slow. An additional 12% said growth is occurring at too slow of a pace. Just under 13% described the rate of expansion as being dismal, anemic or weak. About 10% described the economy as steadily expanding, though many clarified their responses by describing the pace as slow. Nearly 8% thought the economy is getting stronger.
Here is a sampling of the responses:
- “Economic growth is slower than we need, and it is uneven.”
- “I think it is better, but there is still not enough job growth.”
- “It may not be as strong as some people want, but it is steady, with no end in sight.”
- “It is improving after a long struggle. I think it will continue to improve.”
- “Slow, sluggish and subpar for a recovery.”
- “Very tepid and not likely to improve.”