Filipinos hopeful as nation welcomes 2011

Filipinos hopeful as nation welcomes 2011

by UA&P News Desk on January 3, 2011 - 10:43 am

From ABS-CBN News, with reports from Ana Mae Roa, BusinessWorld; ANC; and Willard Cheng, ABS-CBN News

Filipinos from all walks of life are hopeful the incoming New Year will bring blessings, prosperity, and wealth.

A Social Weather Stations (SWS) survey conducted between Nov. 27-30 had 93% saying they were entering 2011 with hope, up from 2009’s 89% and just two points off the 95% peak in December 2002.

Those who said they would start the year fearful comprised 7%, down from last year’s 11%.

Filipinos’ optimism with the coming year has traditionally been high, the SWS said, starting at 87% when the survey research institution started a poll about it in 2000.

The lowest point of 81% was hit in 2004, after which hopefulness rebounded to 85% the following year, stayed flat at 91-92% for the next three years and then fell to 89% last year.

University of Asia and the Pacific economist Cid Terrosa said the hopefulness could be a result of “a new administration, the cultural trait of Filipinos to be optimistic and overseas Filipino workers’ remittances.”

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