NEW YORK (MainStreet) — The stock market is still providing as much entertainment value as possible: thrilling opens, dramatic closes and white-knuckle suspense in between. And while the economy continues to mostly mystify the experts, more Americans are shrugging off uncertainty and becoming more optimistic. In fact, more U.S. adults believe they are financially better off now (47%) than a year ago and Gallup says the trend more closely reflects the data gathered during "strong economic times over the past 40 years."
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"The latest results mark a dramatic turnaround from the recent recession and post-recession years," writes Gallup poll managing editor Jeffrey M. Jones. "In May 2009, 54% of Americans said their financial situation was worse and 23% better, the gloomiest assessment in Gallup's 40-year trend. Last year at this time, 35% of Americans said their financial situation was getting better and 42% said it was getting worse."
The research firm says that the financial recovery is being felt across all age and income groups. However younger adults, aged 18 to 34 years old, registered the most improvement year-over-year, with 61% now saying they are better off in 2015 than last year. Middle income Americans, making $30,000 to $75,000 also claimed seeing the most positive changes to their financial situations.
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