Survey: Almost Half of Americans Feel They are Making Financial Progress, but Anxiety Remains
Retrieved on:
Wednesday, February 10, 2021
Despite seeing the largest economic decline since WWII in 2020, almost half of Americans (46%) believe they are making financial progress.
Key Points:
- Despite seeing the largest economic decline since WWII in 2020, almost half of Americans (46%) believe they are making financial progress.
- Even with this feeling of anxiety, there is hope 77% of Americans are optimistic about their personal finances as they look at 2021.
- Whether Americans feel they are making progress or not, the COVID-19 pandemic remains a key source of financial anxiety overall, with 57% of those surveyed saying that the pandemic causes them at least some anxiety.
- Launched in February 2021, the BMO Real Financial Progress Index is an indicator of how consumers feel about their personal finances and whether they are making financial progress.