Tuesday, April 1, 2008

Americans confident in 2009 turnaround

Americans believe the economy will bounce back by next year, according to a survey released Friday. A national CNN/Opinion Research Corp. poll found that 60% of respondents think economic conditions in the United States will be "good" next year.

Of the more than 1,000 American adults surveyed in the poll, conducted March 14-16, 83% said they are "confident" that they will be able to maintain their standards of living next year, and 85% are "confident" they will keep their jobs over the next six months.

Americans also showed faith that they would be able to pay off their future debts, with 90% confident they would pay their monthly mortgage payments for the duration of the mortgage. and nearly as many - 83% - saying they would pay off college loans, car payments, and credit cards in the future.

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