Want Daily SOF News Articles and Job Listings Delivered to Your Inbox?
Recession fears rise for middle-class families | CNBC

Recession fears rise for middle-class families | CNBC

The average family doesn’t feel as good today as yesterday.

Middle-class Americans are less optimistic about their economic prospects than they were just six months ago, according to a new report from CUNA Mutual Group.

Although the majority of those polled said they feel relatively stable overall, they graded their chances of achieving the American dream as a “C,” down from a “B-minus” in the fall, the insurance provider found. Close to half were increasingly concerned about an upcoming recession.

A separate report by Allianz Life found that 48% said they fear a major recession, up from 46% in the first quarter of 2019 and 44% one year ago.

Source: Recession fears rise for middle-class families | CNBC

%d bloggers like this: