Monday, June 29, 2020

The Worst Is Still to Come

The worst is still to come. That's what most Americans think about the coronavirus pandemic. The 59 percent majority of the public says we haven't seen the worst of it yet, according to a Pew Research Center survey fielded on June 16-22. This is 14 percentage points below the 73 percent who felt this way in April. Among Democrats, 76 percent believe the worst is yet to come, down from 87 percent in April. Among Republicans, 38 percent think it will get worse—18 percentage points below the 56 percent who felt that way in April.

Americans may be in denial about the worsening coronavirus pandemic, but businesses are not. A growing share are pessimistic about the future, according to the Census Bureau's Small Business Pulse Survey. In April, only 38 percent of small businesses thought it would take more than 6 months for their operations to return to normal. Now, a larger 50 percent feel that way. In Texas—a coronavirus hot spot—the ranks of the pessimists expanded from 34 percent in April to 52 percent in June.

Source: Pew Research Center, Republicans, Democrats Move Even Further Apart in Coronavirus Concerns; and Census Bureau, Small Business Pulse Survey

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