More Filipinos expect lives, economy to improve in 2020 – SWS

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(FILE PHOTO)

Metro Manila (CNN Philippines, January 29)— Almost half of Filipinos expect their lives and the country’s economy to improve in the next 12 months, according to an independent pollster.

A Social Weather Stations (SWS) survey conducted December 13 to 16 and released Wednesday showed 48 percent of the respondents are optimistic their quality of life will improve this year, while four percent expect it to get worse.

This accounted for an “excellent” net score of +44— up three points from the +41 recorded in the previous quarter.

Majority of Filipinos also expect an improved economy in the following months. Some 47 percent of respondents project economic growth, while nine percent foresee a slow down.

SWS attributed the upward trend to higher optimism records in Balance Luzon (+7) and Visayas (+2). Balance of Luzon refers to Luzon Island areas outside of Metro Manila.

Net personal optimism also increased in all education groups, except for high school graduates, the survey found.

Did lives improve in the past year?

Compared to the previous quarter, more Filipinos said their lives improved in the past few months.

Thirty-nine percent of the respondents believed they had better lives, while 21 percent said otherwise. This yielded a “very high” net score of +18, up seven percentage points from +11 in the third quarter.

The pollster attributed the seven-point increase to higher net gainer scores in all areas (Balance Luzon, Visayas, Metro Manila, and Mindanao), as well as in all education groups.

The nationwide poll was conducted through face-to-face interviews. It included a sample of 1,200 adults.

The survey had a ±3 percent error margin, and ±6 percent each for Metro Manila, Balance Luzon, Visayas, and Mindanao)