“Optimistic about the economy” is a key finding from a new survey from Credit Card Camp. Americans are very optimistic about the U.S. economy, says the study.
A huge majority of Americans are optimistic about the future of the U.S. economy, according to a new survey conducted by CreditCardCamp.com. Almost two out of three respondents (64%) to the poll said they were optimistic about the economy.
Optimistic and Doing Better
The survey was taken amid mixed business reports on the housing market and jitters on Wall Street as the New York Stock Exchange reached another all-time record before moving downward. While the stock market has hit new records, millions of consumers have struggled with financial issues related to the financial crisis. Millions of others have gone without being employed for years. But “optimistic” is nevertheless a key finding of the new survey.
A record volume of homes and other properties have been foreclosed in the worst foreclosure crisis in U.S. history, according to RealtyTrac. Years later the housing market is still trying to recover from the impact of the worst downturn since the Great Depression. Downturn in the economy have always been a launch pad for many new small businesses including Disney and Federal Express. Optimistic Americans are more likely to launch a business right now.
Some sectors of the economy are doing better than others. Americans are more optimistic because employment is improving and corporate profits are looking up, with efforts companies are making to restrict hiring in many areas as a result of sluggish retail sales.
CreditCardCamp.com regularly surveys consumers online on important issues related to the economy, credit and credit cards and offers analysis and reports on financial news. Experts in the world of finance, real estate, stocks, bonds, money management and personal finance provide reports, economic forecasts and analysis.
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