| |
| Home > News > Financial and Economic News > Almost half of all Americans struggling with finances, worried about the future |
| |
| Almost half of all Americans struggling with finances, worried about the future |
 |
| |
| 2/3/2011
|
| |
Positive economic news in recent months hasn't lightened financial woes for many Americans. A recent Public Agenda survey reveals that four in 10 Americans said that they are struggling "a lot" in the current economy.
The poll, which was funded by the Annie E. Casey Foundation, questioned 1,004 adults. More than one-third of the respondents who said that they were struggling have lost their jobs in the past two years. Furthermore, approximately 77 percent of those who claimed to be suffering who have children are "very worried" about paying for their child's college education.
Only two out of every 10 respondents said that they are not struggling at all. Most of these individuals showed little concern about paying their mortgages, funding college education and securing their retirement plans - all of which were significant worries of those who are struggling.
Many individuals who are anxious about their financial status will relieve some stress for a few hours this Sunday to watch the Super Bowl. According to economist Mike Moffatt, Americans who wish to rebound from the recession may want to cheer for the Green Bay Packers over the Pittsburgh Steelers.
In a column for The Globe and Mail, Moffatt revealed that the economy grows at 3.1 percent in years that the NFC team wins the Super Bowl, compared to only 2.6 percent when the AFC club is victorious. Although there is no legitimate correlation between the game's result and the economy, Moffatt said that if investors had used Super Bowl results to make financial decisions between 1967 and 1988, they would have successfully beat the market. |
| |
|
| Related Articles |
|
 |
Harvard Business School students create opportunities for entrepreneurs in Boston updated 4/25/2012 |
| |
|
|
Business school professor praises JOBS Act updated 4/17/2012 |
| |
|
|
Substantial gift bestowed on prestigious business school to tackle poverty updated 11/4/2011 |
| |
|
|
Experts at Indiana business school predict marginal economic improvement in 2012 updated 11/3/2011 |
| |
|
|
Harvard business school funds lean startup operations updated 11/1/2011 |
| |
|
|
Business school analysis suggests planned hiring in face of economic uncertainty updated 10/24/2011 |
| |
|
|
Resiliency of Virginia businesses recognized in school competition updated 8/11/2011 |
| |
|
|
Despite economy, entrepreneurial spirit strong in New York, Washington updated 8/5/2011 |
| |
|
|
New Jersey business school joins presidential entrepreneurship initiative updated 6/6/2011 |
| |
|
|
Mazda creates new division in company updated 4/29/2011 |
| |
|
|
Gas and food prices have consumers feeling skittish updated 4/21/2011 |
| |
|
|
Central bank says economy continues to improve updated 4/13/2011 |
| |
|
|
Government shutdown will affect economic recovery, federal officials predict updated 4/6/2011 |
| |
|
|
Unemployment rate continues to improve updated 4/1/2011 |
| |
|
|
Conflict overseas raises concerns about economic growth updated 3/22/2011 |
| |
|
|
Small businesses expect to add millions of jobs, but confidence still low updated 3/14/2011 |
| |
|
|
NFL lockout could cripple some small businesses, impact economy updated 3/4/2011 |
| |
|
|
CPAs express highest confidence in economy since 2007 updated 3/3/2011 |
| |
|
|
Public-sector groups call on MBA students for fiscal advice updated 3/1/2011 |
| |
|
|
Smith Business School releases report on the state of the railcar industry updated 2/24/2011 |
| |
|
|
Obama American economy hinges on small business growth updated 2/22/2011 |
| |
|
|
Fed official says economy is improving, but not fast enough updated 2/14/2011 |
| |
|
|
Unemployment rate drops in January, but job growth sputters updated 2/4/2011 |
| |
|
|
Students encouraged to document business schools influence in developing nations updated 2/2/2011 |
| |
|
|
Consumer confidence in January higher than expected updated 1/28/2011 |
| |
|
|
Obama to address economy, jobs during State of the Union speech updated 1/24/2011 |
| |
|
|
New numbers spark optimism about U.S. economy updated 1/21/2011 |
| |
|
|
Poll Good time for a bargain in housing market, if you qualify updated 1/17/2011 |
| |
|
|
Americans more confident, but still conservative heading into 2011 updated 12/29/2010 |
| |
|
|
Recent Wharton MBA grad earns $350,000 in 2010 updated 12/28/2010 |
| |
|
|
TD Bank to purchase American-lender Chrysler Financial updated 12/21/2010 |
| |
|
|
Economists predict slow, steady economic growth in coming years updated 12/15/2010 |
| |
|
|
Institute tackles tough economy with entrepreneurship training courses updated 12/15/2010 |
| |
|
|
Small business owners say tax cut extensions wont change 2011 plans updated 12/10/2010 |
| |
|
|
CPA executives show modest increase in optimism about economy updated 12/7/2010 |
| |
|
|
Poll shows many consumers will play it safe during holidays updated 12/6/2010 |
| |
|
|
Holiday sales figures show signs of economic rebound updated 11/29/2010 |
| |
|
|
Economists not optimistic about economic recovery in 2011 updated 11/24/2010 |
| |
|
|
Survey American women more determined to meet financial goals in 2011 updated 11/17/2010 |
| |
|
|
Feds plan to purchase government debt raises doubt among financial leaders updated 11/11/2010 |
| |
|
|
Economic stress in U.S. reaches 16-month low, according to AP data updated 11/9/2010 |
| |
|
|
Business leaders hope contributions to GOP pay dividends updated 11/4/2010 |
| |
|
|
Illinois-based business school launches contest that offers scholarship money updated 11/3/2010 |
| |
|
|
Former Fed leader says security purchases may cause future inflation updated 11/2/2010 |
| |
|
|
Future of coffee industry discussed at New York City panel event updated 10/29/2010 |
| |
|
|
Business school's network adds six angel investors updated 10/29/2010 |
| |
|
|
Massachusetts business school receives record-high grant from international company updated 10/19/2010 |
| |
|
| |
| |
| |
