Would you consider the U.S. economy to be an excellent one today? About 6 percent of U.S. residents do — though it’s hard to see why.
Chain Store Guide recently released its December Consumer Spending Report. And in that report, the percentage of surveyed consumers who rated the economy as excellent jumped from 4.6 percent in October to 6.2 percent in November.
That’s the good news. The bad — or more realistic, if you prefer — news was that 35.6 percent of respondents rated the economy as poor in November, up from 34.4 percent in October. And the survey found that 40.1 percent of respondents said that they believed the economy is getting worse.
And the news isn’t better on an individual level: 60 percent of adults surveyed rated their personal finances as fair or poor. Only 28.5 percent considered themselves to be in good shape financially.
So, if you’re struggling with debt and mounting bills? You’re far from alone.