{"id":13386,"date":"2015-07-02T11:05:11","date_gmt":"2015-07-02T16:05:11","guid":{"rendered":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/%year%\/%monthnum%\/%day%\/in-wake-of-stronger-growth-more-americans-and-europeans-say-u-s-is-top-economic-power\/"},"modified":"2024-04-14T03:19:38","modified_gmt":"2024-04-14T08:19:38","slug":"in-wake-of-stronger-growth-more-americans-and-europeans-say-u-s-is-top-economic-power","status":"publish","type":"short-read","link":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2015\/07\/02\/in-wake-of-stronger-growth-more-americans-and-europeans-say-u-s-is-top-economic-power\/","title":{"rendered":"In wake of stronger growth, more Americans and Europeans say U.S. is top economic power"},"content":{"rendered":"<figure class=\"wp-block-image alignright\"><a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2015\/06\/23\/2-views-of-china-and-the-global-balance-of-power\/\"><img data-dominant-color=\"f1efef\" data-has-transparency=\"false\" style=\"--dominant-color: #f1efef;\" loading=\"lazy\" decoding=\"async\" width=\"312\" height=\"815\"  srcset=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2015\/07\/FT-us-v.-china-chart.png?resize=312,815 312w\" sizes=\"(max-width: 480px) 480px, (max-width: 782px) 782px, 640px\" class=\"wp-image-24786 not-transparent\" src=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2015\/07\/FT-us-v.-china-chart.png\" alt=\"Stronger Growth in U.S. Tracking with Increased Perceptions of America as World's Leading Economy vs. China\" ><\/a><\/figure>\n\n<p class=\"wp-block-paragraph\">For the first time in six years, more people in America say that the U.S. \u2013 not China \u2013 is the world\u2019s leading economic power, according to a new <a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2015\/06\/23\/2-views-of-china-and-the-global-balance-of-power\/\">Pew Research Center survey<\/a>. Furthermore, Europeans, who had favored China as the leading economy in the past few years, increasingly view the U.S. as the top economy.<\/p>\n\n<p class=\"wp-block-paragraph\">Since the onset of the Great Recession, opinion has fluctuated over time, and public perceptions of America\u2019s and China\u2019s economic strength seems to be a lagging indicator for actual rates of growth in each country.<\/p>\n\n<p class=\"wp-block-paragraph\">In spring 2008, before America experienced the worst of the recession, 46% in the U.S. and a median of 44% across five European Union nations \u2013 the UK, France, Germany, Poland and Spain \u2013 picked the U.S. as the top economy. And even though China was humming along at 9.6% annual growth, only 26% of Americans and a median of 29% in the EU countries said China was the world\u2019s economic leader.<\/p>\n\n<p class=\"wp-block-paragraph\">But by 2010, public opinion began to shift more in favor of China. After the U.S. experienced a severe contraction and China\u2019s growth remained robust, people in many countries around the world \u2013 including the U.S. \u2013 <a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2010\/06\/17\/chapter-3-economic-issues\/#which-is-the-leading-economic-power\">began to see China<\/a> as a leading economic power. That year, 41% of Americans named China as the leading economic power, while 38% named the U.S. Across the five EU nations, a median of 44% named China as the top economy in 2010.<\/p>\n\n<p class=\"wp-block-paragraph\">And by 2012, publics polled in Europe saw China as the leading power, with a median of 57% saying this.<!--more--><\/p>\n\n<figure class=\"wp-block-image alignright\"><a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/global\/2015\/06\/23\/2-views-of-china-and-the-global-balance-of-power\/#Globally,%20U.S.%20Seen%20as%20Leading%20Economic%20Power\" rel=\"attachment wp-att-271382\"><img data-dominant-color=\"f0f0ef\" data-has-transparency=\"false\" style=\"--dominant-color: #f0f0ef;\" loading=\"lazy\" decoding=\"async\" width=\"312\" height=\"578\"  srcset=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2015\/07\/FT-US.-Vs.-China.png?resize=312,578 312w\" sizes=\"(max-width: 480px) 480px, (max-width: 782px) 782px, 640px\" class=\"wp-image-24770 not-transparent\" src=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2015\/07\/FT-US.-Vs.-China.png\" alt=\"More Now Say U.S. is Top Economy\" ><\/a><\/figure>\n\n<p class=\"wp-block-paragraph\">In the past two years, however, America\u2019s economic growth has climbed steadily and the U.S. has technically <a href=\"http:\/\/qz.com\/217695\/the-united-states-has-finally-recovered-all-the-jobs-lost-during-the-great-recession\/\">recovered all the jobs lost<\/a> from the economic downturn. Meanwhile, China has suffered from its own economic slowdown, with concerns of a real estate bubble and slowing growth in gross domestic product.<\/p>\n\n<p class=\"wp-block-paragraph\">This year, more Americans (46%) now say the U.S. is the world\u2019s leading economy, while only 36% name China. While not back to pre-recession levels, a median of 39% in the EU nations say the U.S. is on top, with a nearly equal share (41%) pointing to China.<\/p>\n\n<p class=\"wp-block-paragraph\">When we add in sentiment from all 40 countries we polled in spring 2015, which includes many countries in Latin America, Asia and Africa, a median of half say the U.S. is the world\u2019s leading economic power. Only 27% name China as the top economy in 2015.<\/p>\n\n<p class=\"wp-block-paragraph\">The past year has seen a significant increase in the share of people saying America is the leading economy, including double-digit increases in 12 countries. The biggest upticks are in India and the Palestinian territories (both up 19 percentage points).<\/p>\n\n<p class=\"wp-block-paragraph\">However, in China, fewer now say the U.S. is the world\u2019s leading economy compared with 2014 (down 11 percentage points). Significant drops on this question also occurred in Asia among South Koreans (down 9 points) and Vietnamese (down 6) over the past year.<\/p>","protected":false},"excerpt":{"rendered":"<p>For the first time in six years, more people in America say that the U.S. \u2013 not China \u2013 is the world\u2019s leading economic power, according to our new survey. 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