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Americans outlook on housing defies overall economic pessimism

American pessimism and anxiety about generational progress: Review of survey data. In a January 2013 survey of 5th- through 12th-graders, nearly all were optimistic: They were either "very likely (43%) or somewhat likely (52%) to have a better standard of living, better homes and a better education than their parents." By contrast,

Americans outlook on housing defies overall economic pessimism Return to Transcripts main page. quest means business. note: This page is continually updated as new transcripts become available.If you cannot find a specific segment, check back later. Redefault Rates ‘Tragic’, Says Amherst.

New research from the Principal Financial Well-Being IndexSM shows American workers report a sharp increase in optimism for the 2012 economic outlook. Twenty-seven percent report an optimistic outlook, up from just 12 percent in the third quarter of 2011. Pessimism is also dwindling, with just 17 percent indicating they are pessimistic in their outlook for [.]

"Growing pessimism. Housing Survey (NHS) polled 1,000 Americans via live telephone interview to assess their attitudes toward owning and renting a home, home and rental price changes, homeownership.

America’s Persistent Economic Gloom. But on other fronts, those judgments have not brightened at all, despite years of steady job growth and a substantial rise in the stock market since its low point, even after the cascading recent declines.

Economic Pessimism Evokes Great Depression. If you want to talk about economic pessimism, start by looking at the 26 million Americans who are unemployed or underemployed, including unemployment rates of 12.6 percent for black individuals, 23.7 percent for teens and 9.4 percent for Hispanic workers.

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The overall index is an average of two components: how Americans see current economic conditions, and how they see future economic conditions – whether the economy is going to get better for them.

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When asked how the new tax law impacted their five-year forecast for home values in the U.S., 41 percent of respondents said their overall housing outlook is. for the experts’ pessimism is the fear.

Federal Reserve Bank of New York reappoints president now president of the Federal Reserve Bank of New York, and Thomas Laubach, an economist for the Federal Reserve Board in Washington. From 2008 until recently, identifying the neutral interest rate was.

Cheerful outlooks about either the current or near-term future of the nation’s economy are, however, in relatively short supply. Overall, by a two-to-one margin, Americans rate economic conditions as fair or poor rather than excellent or good.

Improvement in the labor market, if sustained, would help bolster the upward trend of consumer attitudes toward housing, which so far has been a glimmer of light amid a dimming economic outlook.

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