Public confidence in economy at 8-year high

Optimism about the nation’s economy hit an eight-year high in a poll released on Tuesday. 

A new CNBC survey found that 27 percent believe the economy is in excellent or good shape during the January-March quarter, up from 16 percent a year ago.

While the latest figures show improvement, optimism is still running about 10 points below its pre-recession levels. 

{mosads}Confidence bottomed out right after the recession started with only 4 percent giving the economy high marks in early 2008, according to the poll.

The economy added more than 3 million jobs last year — the most since 1999. 

Still, only 28 percent believe the economy will improve during the next year, below the post-recession high of 36 percent reached in March 2012. 

Meanwhile, jobs growth slowed to 126,000 in March, raising concerns about the economy’s underlying growth. 

The latest survey numbers got a boost from seniors, those with post-graduate degrees or higher, and those who expect their wages to increase. 

The view of the economy deteriorated most among independents, the wealthiest Americans — those who make at least $100,000 a year — and those with some college education.

Many respondents have high expectations for wage and home value increases this year. 

Overall, Americans seem to be putting less political weight on the economy. 

Only 23 percent said the economy and unemployment would be their top issue for the 2016 presidential election.

A CNN poll last year found 40 percent naming the economy as their top issue.

The CNBC poll surveyed 800 people, was conducted by the polling firm of Hart-McInturff and carries a margin of error of plus or minus 3.5 points.