Wednesday, June 26, 2013

US in Decline? Americans' View of Economy Hits Post-Recession High

CNBC's Steve Liesman reveals the results of a CNBC survey which shows Americans are upbeat on key economic measures but are changing the way they think about certain parts of the economy and how it effects their lives. Americans' views on the economy are the best they've been since the recession began, but the recent improvement tallied in June's CNBC All-America Economic Survey masks a long-run negative shift in the public's satisfaction with their standard of living.

The survey of 810 Americans across the country from all income groups, occupations and regions, finds more people think their home values will go up and fewer judge the current state of the economy as poor than at any time since the recession began. Forty-one percent of Americans expect their wages will increase over the next 12 months, the largest percentage since 2008…..

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