46% of Filipinos believe economy will improve in the next 12 months–SWS

The Social Weather Stations (SWS) said that 46 percent of Filipinos believe that the economy will improve in the next 12 months.,Based on the survey conducted from 19 to 27 April 2022, at least 28 percent of Pinoys responded that it will stay the same and six percent answered it will worsen.,“The resulting net economic optimism score (% economic optimists minus % economic pessimists) is +40, classified by SWS as excellent (+40 and up),” the SWS said.,The latest net economic optimism score is four points below the excellent +44 in December 2021. It used to be mediocre -9 in July 2020, mediocre -5 in September 2020, and high +24 in November 2020, during the first year of the COVID-19 pandemic.,“Net economic optimism is different from net personal optimism, which refers to expectations in personal quality-of-life,” it added.,The first quarter survey used face-to-face interviews of 1,440 adults nationwide: 360 each in Balance Luzon, Metro Manila, the Visayas, and Mindanao.