Money Journal Survey Finds Majority Optimistic on Economy

Las Vegas, NV, November 20, 2013 --(PR.com)-- The majority of Americans are optimistic about the future of the U.S. economic recovery, according to a new exclusive survey conducted by Money Journal.com. Some 57% of respondents to the poll said they were optimistic about the economy.

The survey was taken over a two week period more than five years after the economy fell into a deep recession with chaos on Wall Street, and the U.S. government had to bail-out the nation’s five largest banks before they went bankrupt.

More than 8-million homes have been foreclosed since the real estate market crashed as a result of banks’ lending to anyone with or without the income to support the mortgages across the U.S. Years later the housing market is still trying to recover from the impact of the worst downturn since the Great Depression.

However, as the nation prepares for the holidays, consumers seem to be taking things more in stride, with improving economic indicators in many areas of the economy. Employment is improving and corporate profits are looking up, with efforts companies are making to restrict hiring in many areas of the economy as a result of sluggish sales. Christmas sales could be the key indicator for the economy in the coming year.

Money Journal regularly surveys consumers online on important issues related to the economy, and provides reports on the wealthy, rich and famous and not so rich lifestyle. Journalists, including experts in stocks, bonds, real estate, life styles of the rich and famous, money management and personal finance provide reports and forecasts.