Money Examiners Show Americans Optimistic on Economy
Optimism Returns to US Economy
More than half (57%) of respondents to the poll said they were optimistic about the economy.
The majority of Americans are optimistic about the future of the U.S. economy, according to a survey conducted by MoneyExaminers.com . More than half (57%) of respondents to the poll said they were optimistic about the economy.
The new survey was taken amid mixed business reports on Wall Street and a slow down in the housing market. The New York Stock Exchange reached another all-time record earlier this week five years after the economy fell into a deep recession, and the U.S. government bailed-out the nation’s five largest banks and auto companies before they went bankrupt.
MoneyExaminers.com regularly surveys consumers online on important issues related to the economy, with some of the world’s leading analysts. Experts in financial news offer analysis on the economy, real estate, stocks, bonds, securities, money management and personal finance. Journalists also supply economic forecasts on real estate markets throughout the U.S.
Despite all the disappointing news on the economy, Americans are taking a more positive attitude about the future of the economy than they were one year ago, despite more than 9-million homes being foreclosed since the real estate market crashed more than seven years ago as a result of banks’ lending to anyone with or without the income to support the mortgages. Years later the housing market is still trying to recover from the impact of the worst downturn since the Great Depression.
Some sectors of the economy are doing better than others. But the top 10% of income earners are raking in hire salaries, while the middle class is eroding. However, employment in some regions of the country is improving and corporate profits are looking up in some areas.
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