Most Arkansans negative on prospects for state economy

Arkansans don’t like the direction of the overall economy, despite being more positive about their personal financial situations.

In a Talk Business Quarterly Poll of 600 likely Arkansas voters conducted by phone on Oct. 12-15, participants were asked their opinions the Arkansas economy, their finances, and their expectations for the next year. The TBQ Poll is managed by Roby Brock, owner of TalkBusiness.net, which is a content partner with The City Wire.

• How would you describe the Arkansas economy?

8%  Strong and Growing

19% In a Recovery

32% Slightly on the Downside

8% Approaching a Recession

22% In a Recession

8%  Depression

3%  Don’t Know

• How would you rate your personal financial situation?

9%  Excellent

57% Good

21% Not So Good

11% Poor

2%  Don’t Know

• Looking ahead, do you think one year from now you will be better off, worse off, or about the same?

24% Better Off

29% Worse Off

43% About the Same

4%  Don’t Know

“Compared to our July TBQ Poll, there is a small shift in pessimism towards the state’s economy. The same percentage of respondents described the Arkansas economy as strong or in a recovery three months ago; however, more poll participants now feel that economic conditions are either approaching a recession, in a recession or in a depression,” Brock noted in his report.

Link here for more details and for information about future polling data soon to be released.