11/23/2020

Economic optimism fading in Bay Area Council’s poll

Even as a huge share of Bay Area residents polled agree that the economy is doing swimmingly, the number who believe good times are going to last has sunk dramatically, according to a survey commissioned by the Bay Area Council, a business-sponsored advocacy group.

In the fourth of a series of releases based on its annual surveys, 27 percent of respondents thought the economy will show improvement over the next six months versus 50 percent who answered the question optimistically two years ago. Another 21 percent in this year’s survey believe the economy will be worse in six months against only 9 percent who felt that way in 2014.

“Unlike Steph Curry, the Bay Area economy isn’t going to keep hitting long-range three pointers,” Bay Area Council President and CEO Jim Wunderman said in a press release.

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