Americans in Poll See Housing Market Boosting Economic Growth – Bloomberg 02-20-13

Salient to Investors:

The Bloomberg National Poll:

  • 43 percent expect job growth to rise over the next 12 months, 26 percent expect a decline, and 30 percent expect little change.
  • 37 percent expect a stronger economy, 25 percent disagree, 37 percent expect little change.
  • 32 percent expect their financial security to improve , 14 percent expect it to decline, and 48 percent expect little change.
  • 27 percent expect the market value of their home to rise, 16 percent expect it to decline, and 34 percent expect little change.
  • 49 percent say they’re moving closer to their career and financial goals, 37 percent say they are not.
  • 29 percent expect more difficulty making large household purchases, 19 percent plan to spend.
  • 28 percent expect their household-income to improve, 13 percent say it will be worse, and 54 percent see no change.
  • 23 percent expect better investment performance, 18 percent expect worse, 34 percent see little change.
  • 56 percent expect the national debt and health-care costs to worsen, 16 percent expect them to improve.
  • 43 percent expect Social Security probably or definitely won’t exist when they need it, 54 percent say it will.
  • 39 percent expect Medicare probably or definitely won’t exist when they need it, 57 percent say it will.
  • 35 percent say the US standing in the world will worsen over the next 12 months, 26 percent say it will improve, 37 percent expect no change.

The median economist expect GDP to grow 1.8 percent in 2013.

Read the full article at http://www.bloomberg.com/news/2013-02-21/americans-in-poll-see-housing-market-boosting-economic-growth.html

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