Americans continue to be concerned about the current state of the economy and its future recovery. Though there have been some signs that things are turning around, bad news continues to pop up regarding everything from the housing market to the stock market. So what do Americans think? Are attitudes improving at all?
In Ask Your Target Market’s latest survey, 47% of Americans said that they are very concerned with the current state of the economy. 43% said they are somewhat concerned about the economy. 8% said they are not very concerned. And just 3% of US respondents said that they are not at all concerned by the current state of the economy.
43% of respondents said that jobs are their main economic concern. 24% said they are most concerned with the US debt. 15% said their biggest concern is taxes. 6% said they are mostly concerned with the housing market. 3% said they are mostly concerned with the success of American businesses. Just 2% said that the stock market is their biggest concern. And 7% had other economic concerns such as rising prices and cuts to government programs.
Just 8% of US respondents said they feel the economy is definitely headed in the right direction now. 32% said they think the economy is somewhat headed in the right direction. 34% said they are not very pleased with the current direction the economy is headed. And 27% said they definitely do not think the US economy is headed in the right direction.
Eventually though, 13% said they are very optimistic that the US economy will make a full recovery. 30% said they are somewhat optimistic about a full economic recovery at some point. 24% said they are somewhat pessimistic about the economic recovery. 16% said they are very pessimistic. And 17% said they are completely unsure of the economic outlook.
You can view the complete survey results in the widget below and be sure to click “Open Full Report” to take advantage of all the chart and filter options.
What do you want to know? If you need some consumer insights on a particular topic, let us know in the comments below and we’ll consider it for an upcoming survey post.
Results were collected on February 19 via AYTM’s online survey panel.