A Marist poll conducted among 1,408 New York adults from April 8-10 revealed that more than half of the state’s residents believe their economy is deteriorating. Fifty-one percent of respondents expressed that they think the economy is worsening, while 31 percent stated it has stayed the same and 18 percent believe it is improving. Despite this negative outlook on the economy, 61 percent of respondents intend to remain in the state over the next five years. However, 37 percent, including a significant portion citing economic reasons, expressed their plans to relocate out of New York within the same time frame.
The poll also showed a clear division in opinions based on party lines. Seventy-one percent of Republicans perceived the economy as declining, contrasted with just 37 percent of Democrats who saw it as staying the same or improving. A large majority of participants, 81 percent, shared the belief that the cost of living in the state is not very affordable.
Of those planning to leave New York, 58 percent cited economic reasons as their primary motive for their decision. The remaining respondents mentioned quality of life (25 percent), taxes (13 percent), politics (9 percent), and job opportunities (4 percent) as factors influencing their choice. This indicates that many New Yorkers are dissatisfied with both their personal finances and the overall economic situation in their state.