• Optimistic Filipinos at record high – SWS

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    Most Filipinos are brimming with optimism, believing that their lives will improve this year as they foresee a better economy, a survey conducted by Social Weather Stations (SWS) showed.

    The poll, conducted between March 30 and April 2, also showed that more Filipinos foresee a better economy this year.

    Forty-three percent of the 1,500 respondents said they expect their lives to improve in the next 12 months, compared to four percent who said otherwise.

    This resulted in a net personal optimism of “very high” +40, matching the record high logged in the fourth quarter of 2015.

    Net personal optimism improved across regions with Visayas posting a two-percentage point increase from +32 to set a new record-high of +34 for the survey’s April round.

    Balance Luzon remained flat at +42 from December, the last time SWS released a similar survey.

    The results, however, were hardly changed in Metro Manila, from +43 in December to +42 in April, while Mindanao registered +39 in April from +41 in December.

    Stronger economy
    Meanwhile, 35 percent of respondents were optimistic that the economy would improve against 7 percent who were pessimistic, for a net economic optimism +28 (very high).

    In December, net optimism about economy yielded a net score of +30.

    The survey showed gloomy results from Mindanao, with fewer people having a positive outlook about the economy. This resulted in a net score of +27 from December’s +36.

    Results from elsewhere were steady— +28 in the National Capital Region (from +26), +31 in Balance Luzon (from +32), and +23 in Viasayas (from +24).

    Economic optimism improved among the class ABC, to +32, a 19-point increase from December’s +13. This was the highest since the +47 logged in November 2010.

    Class D dropped three percentage point to +28 in April from +31 in December, while net score from Class E fell by 7 points from +34 in December to +27 in April.

    Responding to the survey results, Presidential Communications Secretary Herminio Coloma Jr. said the high personal optimism of Filipinos “reflects trust and confidence in the future of the country.”

    “This clearly manifests the Filipino people’s belief that there are opportunities for growth and progress for themselves, their families and the nation,” Coloma said.

    The results of the latest SWS poll were published in the newspaper BusinessWorld yesterday.

    The SWS survey used face-to-face interviews of 1,500 adults nationwide and has sampling error margins of plus or minus three percentage points for national and plus or minus six percentage points for area percentages.

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