Economy and Finance: August 2024

August 29, 2024

Every month, we conduct a survey of U.S. residents to explore their views on the economy and their finances. This month, our survey was conducted between August 23 and 25, 2024.

Some of the key highlights on the U.S. economy include…

  • The survey reveals that 56% of U.S. residents consider their household finances to be in good condition, with 13% describing them as very good and 43% describing them as good. Americans aged 55 years or older (64%) are more likely to consider their household finances to be in good condition.
  • More than four out of ten U.S. residents (44%) are worried about losing their jobs within the next twelve months. This proportion is higher among Americans aged 18 to 34 (52%).
  • Moreover, 56% of U.S. residents report living paycheck to paycheck. This proportion increases to 67% among Americans aged 18 to 34.
  • More than half of U.S. Residents (54%) believe the country is in an economic recession.

Related Posts

Wear Your Health: The Rise in Popularity of Wearable Tech

Wearable tech has a stronghold on the market, but there is a potential for further growth. Consumers  place a high value on wearable technology, recognizing its potential to enhance daily life, improve health, and promote overall well-being. According to our Fit,...

Health and Wellness in 2025: Overcoming Weight Management Challenges

Achieving health and wellness goals has become a top priority in 2025, but many consumers face daily obstacles that make progress a challenging journey. From skyrocketing grocery prices to the emotional rollercoaster that leads to stress eating, maintaining a balanced...

Health and Wellness Toolkit: How Wellness is Evolving in 2025

The wellness industry is thriving in 2025 due to a growing focus on holistic health, preventative care, and sustainable well-being. People are embracing a comprehensive approach beyond traditional diets and fitness trends. This includes a renewed focus on mental...

Get the latest in your inbox

Stay up to date on cutting-edge research, news and more.