Consumers are feeling more optimistic than they were last year, LIMRA reported on Election Day.
In a blog post published Tuesday, LIMRA noted two-thirds of respondents said they felt the economy would be the same or better in 2015, according to LIMRA’s Consumer Sentiment Tracking: October 2014 Update.
On the other hand, more than half of respondents said they currently had an unfavorable view of the economy, so expecting 2015 to be more of the same is faint praise.
However, the survey found that positive sentiment is growing, albeit slowly. The percentage of respondents with a positive view of the economy grew from 21 percent to 28 percent, with men being more likely to claim optimism.
The percentage of people optimistic about their own financial situations grew more substantially. The report found a third of respondents felt their situation would improve next year, up from 25 percent in 2014.