Fears of an economic downturn and high inflation threaten to erode the financial standing and confidence of Americans just as they emerge from the pandemic. This is the main finding Prudential Financial’s latest Pulse research series, “Americans Prepare for the Economy’s Next Act.”
The report found that:
“Our world is changing with unprecedented speed and complexity, and with it come shifts in the unique financial circumstances and challenges Americans face,” explains Prudential Vice Chair Rob Falzon. “Prudential’s new Pulse research is helping us to better understand the diverse perspectives and needs of Americans and support our mission to be a global leader in expanding access to investing, insurance and retirement security.”
The survey of 4,000 adults explores the unique perspectives of a broad demographic spectrum of Americans and the feelings, concerns, goals and challenges they’re experiencing as they prepare for the future.
Key demographic findings include:
“The latest findings from our Pulse survey reinforce what Prudential has already learned from our customers and partners: the financial challenges and opportunities faced by Americans are as diverse as the country itself,” says Caroline Feeney, CEO of Prudential’s U.S. Insurance & Retirement Businesses. “Our goal is to understand this variety of needs, and deliver innovative, tailored solutions that make a meaningful impact in the financial lives of our customers and their communities.”
For more information on the Pulse survey, as well as specific insights on workers, women, generations and Black Americans, please visit news.prudential.com/americanworkers.
To access more business news, visit NJB News Now.
Related Articles: