Better Days Ahead? Millennials Think So
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Posted by Heidi Schwartz
Today, Americans have an increasingly positive view of the current U.S. economy despite years of economic uncertainty. According to a recent survey of 1,004 U.S. adults, 74 percent feel the economy is better (41 percent) or the same (33 percent) as a year ago. But it is the country’s millennial generation that has the best outlook.
According to the latest PulteGroup Home Index Survey (PGHI), 54 percent of millennials indicate the economy is better than a year ago. This optimism remains in line with recent Pew Research indicating 49 percent of millennials say the country’s best days are ahead. With this increased confidence, nearly three-fourths (74 percent) of millennials view now as an excellent or good time to buy the things they want or need.
“No other cohort of adults is nearly as confident about their economic future as the millennials are right now,” said Jim Zeumer, vice president of corporate communications. “This is definitely a change, as millennials have regularly been viewed as the disenfranchised generation vastly affected by the fallout of the recession. But now, with an increased sense of optimism, this generation is starting to feel as though it has the resources available to lead the lives it wants or expects to in the future.”