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SWS: Optimism on economy lowest since pandemic
The Philippine Star
|March 01, 2024
The number of Filipinos who expect the economy to improve within the year has dropped to its lowest since the height of the pandemic, the 2023 fourth quarter survey conducted by Social Weather Stations (SWS) showed.
From as high as 56 percent after President Marcos was elected in 2022, optimism about the Philippine economy dropped to 40 percent in December 2023, SWS survey results released on Wednesday night showed.
It went down six points from the 46 percent obtained in a similar survey in September 2023.
Economic optimism in the fourth quarter was the lowest since the height of the COVID-19 pandemic, when it dropped to 30 percent in July 2020 and 33 percent in September 2020.
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