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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Hart Research

Americans not convinced about economic recovery

Posted by Darin Manis on Apr 12, 2010

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Citi (C) issued the results of a new nationwide survey conducted by Hart Research Associates with some expected and not so expected findings. Overall, the findings show that Americans have a sober view of the economy and feel they are little or no better than a year ago. Read the press release here.

Here are some of the findings:
80% rated economy as poor or fair
52% rated financial conditions as about the same as a year ago
36% believe economy has hit bottom
59% believe we have a long way to go before we hit bottom
55% will spend the next year focusing mostly on reducing debt
66% are hopeful that their own situation will improve over the next year

More than two to one say they are worse off than better off than a year ago.