Economy last year not fun to many—Pulse Asia
Philippine Daily Inquirer
January 10, 2012

 The economy was no fun for many Filipinos last year.

About half of them believed that the economy stagnated, but more than a third said that it worsened, results of a Pulse Asia survey released Monday showed.
“If you compare the state of the national economy now with that of last year [2010], would you say that the state of the national economy is better, same or worse now?” Pulse Asia asked 1,200 Filipino adults nationwide between Nov. 10 and Nov. 23, 2011.

Forty-five percent of the respondents said they believed that nothing changed in a positive or negative way, a figure lower than the 54 percent recorded in October 2010.

However, 38 percent said the economic situation worsened, up from 16 percent, while 18 percent said it improved, 12 percentage points down from 30 percent in October 2010.

Those who said that nothing changed consisted of big pluralities to small majorities (46 percent to 52 percent) in Metro Manila, Luzon outside Manila, the Visayas and Class E.

Close to half of those from Classes ABC (47 percent) and D (43 percent) believed that the economy stagnated. But in Mindanao, more than half of the respondents (57 percent) said that the economy turned for the worse—a view shared by 38 percent in both Classes ABC and D.

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