SWS: Net personal optimism at a 6-year low

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Metro Manila (CNN Philippines, October 3) — More Filipinos are pessimistic about their future, according to the latest survey by the Social Weather Stations (SWS).

In its third quarter survey on personal quality of life, the SWS found that personal optimism fell by 17 points to +27, or from excellent to high. Survey respondents were asked if they expect their quality of life to improve in the next 12 months.

This is the lowest recorded personal optimism score since August 2012, which was also at +27.

Optimism on the Philippine economy for the next 12 months also fell sharply by 19 points to +11, or very high. This is the lowest since the +6 (high) score in March 2015.

Net gainers, or the people who believe that their lives have improved in the last three months, fell back to -2, or fair. This came after 14 consecutive quarters of positive scores.

"Historically speaking, Net gainers are commonly highly negative," SWS said.

Net personal and economic optimism fell in all regions and socioeconomic classes, the SWS reported.

Meanwhile, net gainers fell sharply by 32 points from +31 to -1 from classes ABC. The net score in classes D and E was also negative.

The survey was conducted from September 15 to 23 using face-to-face interviews of 1,500 adults. There were 300 respondents in Metro Manila, Visayas, and Mindanao, and 600 responders for the rest of Luzon.

The survey has a sampling error margin of ±3% for national percentages,  ±4% for Balance Luzon, and ±6% each for the other regions.