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Hispanics More Upbeat about Economy than General Markets

NEW YORK -- Brandweek reported yesterday that Hispanics are the most upbeat when it comes to the prospects of an economic recovery per a new report from Ipsos and Telemundo.

According to a new poll by Ipsos and Telemundo, four out of five Hispanics "feel that the economy has stabilized or that it has already started to improve." Ipsos and Telemundo, an NBC Universal-owned property, conducted the survey via telephone interviews with 500 Hispanic consumers age 18 and older in the U.S., reported Brandweek.

Fourteen percent of those surveyed said the U.S. economy "has turned the corner on the economic crisis," while 63 percent stated that the economy hasn't begun recovering, but that it's stabilized. Twenty-percent said "the worst is yet to come."

A separate poll conducted by Ipsos found the general U.S. popular less upbeat about the economy with only 11 percent saying the crisis has turned the corner, 55 percent saying it has stabilized and 31 percent saying the worst is still ahead.

A larger percentage of Hispanic women (68 percent) compared to men said the U.S. economy has stabilized, though it had yet to improve, according to the Brandweek report.

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