Tuesday, September 17, 2013

Is There Hope for Our Economy?

Wealth management is all about making the best possible choices with the money you have at your disposal. Unfortunately, with the economy in crisis, most people don’t have enough money to even have choices about what they do with that money. There is some hope, however, that this could be changing for the better. The Mergis Group recently released a survey in which it asked US finance and accounting employees, including employees who work in wealth management, about how they felt the economy was faring. According to this report, confidence in the United State’s economy and in its ability to get stronger has surged during the second quarter of the year, increasing by almost ten points. The results are better than any results from similar surveys since the recession started.

173 finance and accounting employees were questioned in the survey. Of those employees, 42% expressed a belief that the economy was getting better, not worse. Plus, the number of employees who felt that the economy was getting worse dropped. In the first quarter, 32% of employees surveyed said they thought the economy was getting worse, while in this second quarter, only 16% expressed that belief.  Furthermore, 80% of survey participants expressed feelings of job security and 31% said they had seen an increase in the number of jobs available.


If the results of the survey prove true, many Naperville residents may soon be in a position to start making choices with their money.
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