Heading Into the Election, New Stash Survey Reveals 60% of Americans’ Financial Situations are the Same or Worse than in January 2017 — and Nearly Half Attribute the Decline to COVID-19
Survey Also Highlights Stark Differences in Economic Outlook across Racial and Gender Lines
The COVID-19 pandemic brought much of daily life to a halt, but Americans will still be casting their ballots come November. Stash set out to understand how Americans are feeling now compared to January 2017.
Key Findings:
For roughly 60% of Americans, their personal financial situation is the same or worse than when the Trump administration took office in January 2017.
Lack of wage growth is the main contributor to a deteriorating financial situation, followed by housing costs.
Only 30% of Americans feel more hopeful about their financial opportunities now than in January 2017.
Americans are 4% more likely to support student loan forgiveness now, compared to before COVID-19.