66% of Americans Expect Financial Boost in 2025: Survey

A new WalletHub survey indicates that Americans are expressing confidence in their financial prospects for 2025, with two-thirds of respondents anticipating improved financial circumstances compared to 2024. geralt / Pixabay

The optimistic outlook comes as the U.S. economy continues to demonstrate remarkable resilience following the pandemic recovery. The Federal Reserve's recent rate cuts have helped bring annual inflation closer to its 2 percent target without triggering a recession, while maintaining robust consumer spending and employment levels. AgnosticPreachersKid / Wikimedia

Despite positive market reactions to Donald Trump's election victory, some uncertainty persists regarding proposed policies of the incoming Republican administration, including potential tariffs, immigration enforcement, and tax reform measures. JASON BEAN/RGJ / USA TODAY NETWORK via Imagn Images

The survey, which included 220 nationally representative participants, revealed that while 66 percent expect financial improvement, 20 percent anticipate worse conditions, and 14 percent predict no change. Among those making financial resolutions, saving more (41 percent) and spending less (21 percent) topped the list of priorities. Tumisu / Pixabay

"The U.S. economy is in a good place. Recession fears have diminished, inflation is trending back toward 2 percent, and the labor market has rebalanced, but remains strong," said David Mericle, chief U.S. economist at Goldman Sachs Research, according to Newsweek. Jonathan Borba / Pexels

Gregory Daco, EY-Parthenon chief economist, added: "The U.S. economy remains on a solid growth trajectory supported by healthy employment and income growth, robust consumer spending and strong productivity momentum that is helping tame inflationary pressures. We expect these positive dynamics will carry into 2025, allowing the Fed to pursue gradual, but cautious, policy recalibration," per Newsweek. John Guccione www.advergroup.com / Pexels