A majority of Americans say they think their local news outlets are doing very or somewhat well financially. However, this share has decreased somewhat in recent years.
Today, 63% of U.S. adults say they think their local news outlets are doing very or somewhat well financially; 71% said the same in 2018, the last time we asked this question.
This change may be linked with real downward trends in the local news industry. Audiences for traditional local news media, including local TV stations and newspapers, have decreased in recent years. And newspaper revenue has been on a steep decline, although economic conditions for local TV, radio and digital news have been more mixed.
One of the biggest changes on this question has been among Americans with higher levels of education. About half of college graduates (52%) now say their local news organizations are doing very or somewhat well, down 13 percentage points from…
