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Latino Daily News

Thursday August 1, 2013

STUDY:  Latinos and Blacks More Optimistic About U.S. Economy, Their Future

A recent study by The Associated Press and the Center for Public Affairs Research has found that Latinos and African-Americans are more optimistic about the U.S. economy and their own personal economic future.

In the last decade the optimism about the U.S. economy amongst white Americans has plummeted a pattern that blacks and Hispanics were following.  Most recently however these minority groups have become more optimistic in spite of being hit the hardest during the recession.  These two groups also have a very positive outlook on their own financial situation.

Amongst the people surveyed 73 percent of Hispanic express optimism for a better life followed by 71 percent of African-Americans and only 46 percent of whites. 

Some attribute the election of an African-American president and the perception that less discrimination exists as a source for the positive outlook especially amongst blacks.  African-Americans are also more likely to believe that the country is moving in the right direction. 

This trend toward greater optimism amongst Latinos and Black is observed in many different arenas, according to the study, not just in politics but it is not based on real economic advancement or financial security. 

For this study the AP-NORC Center for Public Affairs Research analyzed more than four decades of data from the General Social Survey (GSS) and from other public polls, including surveys conducted by AP.