More Americans than ever are optimistic that in one year’s time they will be earning more money.
A new Rasmussen Reports national telephone survey finds that 50% of Employed Adults believe they will be making more money a year from today. That’s up two points from June’s previous high of 48% and the highest finding in over five years of regular tracking.
Just eight percent (8%) expect to earn less next year. Thirty-five percent (35%) think they’ll be making about the same amount, the lowest finding since April 2009. (To see survey question wording, click here).
This sort of confidence is sometimes a sign of frothiness in the economy. My guess is that if you run the same poll a year from now, you’ll see a far different result.