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Allianz Consumer Confidence Survey

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Approximately one of every two survey respondents said they planned to keep a greater amount of cash reserves in bank accounts over the next 12 months.

Some 15% said they plan to invest more strongly in life insurance and annuities and 17% plan to increase stock investments. 83% of respondents said they were “very concerned” about the overall US and global economy with 43% noting that they were “very concerned” about their personal financial situation.