Actually, More Americans Say They Are Better Off Now Than Last Year

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Actually, More Americans Say They Are Better Off Now Than Last Year

by Yuval Rosenberg at Business Insider

http://www.businessinsider.com/more-americans-feel-better-off-financially-2012-10

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With unemployment falling to 7.8 percent as of September, the housing market finally showing signs of improvement and the U.S. stock market up more than 12 percent on the year, consumers have been feeling more optimistic about the economy.

Now a poll by the Gallup Organization finds that, for the first time in more than five years, the percentage of Americans who say they feel financially stronger than they did a year ago, 38 percent, is higher than those who say they are worse off, 34 percent.

The new data doesn’t quite address what has been a key question this election season: Are Americans better off than they were four years ago? But like recent surveys of consumer confidence, the new poll results suggest that Americans are at least sensing some signs of economic improvement. In 2009, President Obama’s first year in office, 54 percent said they were worse off than they had been the previous year.


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