The Principal Financial Well-Being IndexSM: American Workers
American workers are feeling more confident in the economy, saving on gas and getting ready for their tax refunds, according to new research from The Principal Knowledge Center.
- 34% (up from 27% last year) feel optimistic about the economy
- Only 11% (down from 16%) are pessimistic about the economic outlook
- 66% are expecting a tax refund, and over half (53%) are planning to save or invest it
- 18% are planning to spend their refund on consumer goods, up from 13% last year
Saving at the pump
- 52% are saving more than $50 on gas
- 31% say they're spending the money they're saving to pay down debt
NEW! April 2015 research on American Workers:
The Principal Financial Well-Being Index: American Workers survey was conducted online within the United States on the Principal Financial Group's behalf by Harris Poll between February 9 and February 17, 2015 among 1,111 employees. This is one in a series of quarterly studies to identify and track changes in the workplace of small and mid-sized (growing) businesses. The first Principal Financial Well-Being IndexSM survey was conducted in the United States in 2000.