Americans Are Confident in a Turnaround

According to a recently released survey, most Americans believe the economy will bounce back by next year. Of the more than 1,000 American adults surveyed in the poll, 83% said they are "confident" 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 they would be able to pay off their future debts, with 90% of respondents demonstrating confidence they would be able to meet their monthly mortgage payments for the duration of the mortgage.

Nearly as many Americans – 83% – said they could pay off college loans, car payments, and credit cards in the future. The average amount of credit card debt of those polled was $4,000.

What about you?  How confident are you in the U.S. economy bouncing back in 2009?  We’d love to get your feedback on this topic.  Just click the comment link below and tell us what you think.