Economic decline hits ‘masa’

THE masa or those belonging to class D and E of the country felt the deterioration of the economy last year at 62 percent and 71 percent, respectively, as of December 2013, according to the latest national Pulse Asia survey.

The survey, covering a sample of 1,200 adult respondents (18 years old and above) with a margin of error of +/-3 at a confidence level of 95 percent, showed that those based in Luzon (58 percent) and the National Capital Region (51 percent) felt the economy’s deterioration strongly.