With widespread pessimism also slowing consumer spending, economists are predicting a gray winter for Japan.

And the price was destined to go lower until it bottomed amid widespread pessimism during the 1990 recession.

Such widespread pessimism, however, is often viewed by professionals as good news.

With widespread pessimism about the economy and jobs, President Obama's job approval rating has fallen to a new low.

Mr. Nichols said his center had found widespread pessimism that market forces alone would be enough, among employers and hospital executives.

Prior to the 1983 budget there was widespread public pessimism as to oil self-sufficiency being maintained even into the 1990s.

But there is widespread pessimism about the measure, even among its supporters.

Wall Street's current rally began in November, with bonds starting to advance despite widespread pessimism.

Such current widespread pessimism could explain the stock market rise of more than 38 points in the last two days, professional investors say.

I'd say no," he said, reflecting widespread Republican pessimism about the party's strengths in his home state.