Mixed Signals: Americans Optimistic About Finances Despite Recession Fears
TL;DR Summary
More than 2 in 5 Americans believe the US is in a recession or will be by the end of June, while three-quarters expect a downturn by year-end, according to a survey by TransUnion. However, 57% of respondents remain optimistic about their own household finances for the next 12 months, the highest level since Q4 2021. The survey also found that inflation was the top concern for 79% of respondents, followed by fears of a recession (53%), rising rent or mortgage prices (45%) and increasing interest rates (41%).
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