Commuters wait for jeepneys home on the sidewalk during peak traffic hour in crowded Metro Manila.
MANILA – More Filipinos are optimistic that the quality of life and the Philippine economy would improve this year, results of a recent survey of the Social Weather Stations (SWS) survey revealed.
According to results of the Fourth Quarter 2017 Social Weather Survey conducted from Dec. 8 to 16, 2017, 49 percent of adults expect their personal quality of life to improve in the next 12 months, while three percent expected it to get worse.
The latest figures brought the fourth-quarter net personal optimism score to +46, classified by the SWS as “excellent.”
“This is 4 points above the excellent +42 in September 2017, and matches the record-high level that was first achieved in June 2016,” SWS said.
“The 4-point rise in net personal optimism nationwide was due to increases in Balance Luzon and Mindanao, combined with a steady score in the Visayas, and a decline in Metro Manila, from September 2017 to December 2017,” it added.
According to the results of the survey, net personal optimism in Balance Luzon rose by one grade from “very high” (+39) in the third quarter to “excellent” during the fourth quarter.
Net personal optimism was likewise “excellent” in classes A, B, C, and D, while it remained “very high” in the class E sector.
“It stayed ‘very high’ in class E, although down by 5 points from +38 in September to +33 in December),” SWS said.
Optimism on economy, life improved
In terms of optimism on the Philippine economy, results of the survey revealed that net optimism was on a record high during the fourth quarter.
Results of the survey indicated that 52 percent of respondents said they were optimistic that the general Philippine economy would get better in the next 12 months.
Meanwhile, nine percent of the respondents said the economy would deteriorate, bringing the net optimism on the economy to a score of +42 or “excellent.”
“This is 12 points above the excellent +30 in September 2017, and the highest since the excellent +43 in December 2016,” SWS said.
Net optimism about the economy remained “excellent” in all areas and all socioeconomic classes included in the survey.
Results of the same survey indicated that in terms of the Personal Quality of Life, 41 percent of the respondents said their lives “improved” while 18 percent said their lives “worsened.”
The survey was conducted using face-to-face interviews of 1,200 adults nationwide – 300 each in Metro Manila, Balance Luzon, Visayas, and Mindanao.
“Such items are non-commissioned, and are always included on SWS’s own initiative and released as a public service,” SWS said. (GMA News)