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June 17, 2009 3:00 PM

Poll: Americans Pessimistic On Economy

(CBS)
With the unemployment rate at 9.4 percent, the highest level since 1983, Americans are expressing increasingly pessimistic views about the national economy, a new CBS News/New York Times poll finds.

More than eight in ten Americans now describe the economy in negative terms. Forty-eight percent characterize it as "fairly bad," while another 36 percent call it "very bad."

Just 14 percent say the economy is "fairly good," and a mere one percent describe it as "very good."

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