Blacks' optimism about their standards of living tops whites

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From Gallup

PRINCETON, NJ — Blacks’ ratings on Gallup’s Standard of Living Index continue to exceed those for whites, a pattern that has persisted since early 2009.

Gallup tracks its Standard of Living Index daily, based on how respondents rate their satisfaction with their standards of living and their assessments of whether they are getting better or getting worse. These Index scores — reported as monthly averages here — are usually positive because Americans tend to rate their standards of living more positively than negatively on both counts.

Both blacks’ and whites’ evaluations of their standards of living declined during the financial crisis in 2008, and the Index score for blacks dipped into negative territory in October 2008. Whites’ scores remained higher than blacks’ throughout 2008.

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