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Upper-Income Consumers Shaken by Financial Crisis; Became more pessimistic last week.(Survey)
- Article from:
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Gallup Poll News Service
- Article date:
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September 25, 2008
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Copyright informationCOPYRIGHT 2008 Gallup Organization. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Dennis Jacobe, Chief Economist
Synopsis: The current financial crisis has had a disproportionately heavy impact on the attitudes of upper-income consumers, making them more negative about the current economy and more pessimistic about the economy's direction.
PRINCETON, NJ -- Upper-income Americans grew much more negative about current economic conditions last week in the midst of the worsening financial crisis and the proposed Treasury Department bailout. The percentage of upper-income Americans rating the economy "poor" increased by 15 points, from 26% during the first week of September to 41% during the third week. In sharp contrast, the economic attitudes ...
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