CNN poll of American adults sees growth in those with dim view of the economy.
March 17, 2008: 12:01 PM EDT
NEW YORK (CNNMoney.com) -- About three-quarters of all Americans think the economy is now in a recession and the number who feel that way continues to grow, according to a CNN/Opinion Research Corporation poll released Monday.
In a telephone poll of over 1,000 adult Americans, 74% said they believe the nation is now in a recession. That figure rose from 66% in February and 61% in January.
More than a quarter of those surveyed think that we are in a serious recession, with an equal number who think we are in a moderate recession. Only 16% said the economy is in a mild recession.
How long will it last? The poll showed that 53% believe it will last over a year, with only 2% saying it will end in six months.
By a 2-to-1 margin, the economy tops Iraq as the No. 1 issue and is rated as the top issue by four times as many Americans as terrorism. The economy is named by 42% as the biggest issue on their minds.
The poll was conducted between March 14 and March 16.