Rich Feel Better About Economy
Rich U.S. residents are feeling better about the American economy.
McDonald Financial Group, Cleveland, has published data to support that conclusion in a report on a survey conducted by researchers at Penn, Schoen & Berland Associates, New York.
In late June and early July, researchers interviewed 400 U.S. residents who had at least $500,000 in investable assets or annual incomes of at least $150,000. McDonalds July confidence index for affluent consumers is 61 out of 100, up from an index of 44 recorded in July 2003.