Arab Today, arab today americans confidence in banks still low
Last Updated : GMT 21:17:01
Arab Today, arab today
Arab Today, arab today

Americans' confidence in banks still low:

Arab Today, arab today

Arab Today, arab today Americans' confidence in banks still low:

banks
Washington - Xinhua

- Americans' confidence in banks remains low, at 27 percent, eight years after the U.S. economy took a nosedive, found a Gallup poll released Thursday.

The current percentage of adults who say they have confidence in banks is just half of what it was in 2004, when 53 percent expressed confidence in the institution. The record high was 60 percent in 1979.

About half of Americans expressed confidence in banks in most polls in the 1980s, but confidence suffered in the early 1990s after the Savings and Loan crisis, a major financial crisis, with confidence ranging from 30 percent to 37 percent.

But by the late '90s, confidence improved, ranging from 40 percent to 44 percent. Confidence in banks gained in the early 2000s, reaching a majority level by 2004.

It then fell to 32 percent in June 2008 after the recession began but before the October 2008 financial crisis. By June 2009, just 22 percent of Americans had confidence in banks, Gallup found.

The June 1-5 poll comes at a time when the fallout of the 2008 economic calamity, in which Americans lost trillions of dollars in household wealth, still dogs the economy, and millions of Americans continue to struggle to make ends meet.

The fallout from the 2008 financial crisis continues to affect Americans' views of the banking industry. Despite some signs of economic recovery, views of the economy's overall health remain negative, and most Americans are not willing to express confidence in banks, Gallup found.

Regaining Americans' trust in recent years appears to be difficult for the banking industry, and it is unclear when, or if, Americans' confidence in banks will be restored to what it was a decade ago, Gallup said.

source : xinhua 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today americans confidence in banks still low Arab Today, arab today americans confidence in banks still low

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today americans confidence in banks still low Arab Today, arab today americans confidence in banks still low

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Malaysia Airlines picks new CEO

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Residents get glimpse of Raqa in ruins

GMT 07:10 2017 Saturday ,21 October

Residents get glimpse of Raqa in ruins
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 09:56 2017 Friday ,20 October

Privacy Groups Warn of Perils

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday