This week’s Sentiment Survey special question asked AAII members for their opinion of the current pace of economic growth. About one out every five respondents (21%) expressed disappointment or frustration, using words such as anemic, sluggish, lackluster and poor. Nearly 17% said growth is slow. An additional 13% said economic growth is either very slow or essentially stagnant. About 7% said growth is either at an acceptable or adequate level, particularly given the ongoing headwinds.
Here is a sampling of the responses:
- “I think growth is slow because there is still a lot of unemployment. Also, there is a lot of turmoil in the world.”
- “It has been an anemic recovery.”
- “Too slow, and could be much better with better fiscal policy in Washington.”
- “As good as can be expected considering global conditions.”
- “I expect slow growth to continue in the United States.”
- “Slow, but steady. Could be better, could be a lot worse.”