Monday, January 10, 2011
Most Americans continue to lack confidence in the stability of the U.S. banking system, but they also remain unworried that they will lose their money due to a bank failure.
The latest Rasmussen Reports national telephone survey shows that 44% of Adults are at least somewhat confident in the stability of the U.S. banking industry, including 11% who are Very Confident. However, 52% say they are not confident in the industry's stability, with 15% who are Not At All Confident. (To see survey question wording, click here.)
Those results are little changed from October, when 46% were confident in the banking industry and 50% were not. In seven surveys conducted since April 2009, the number who expressed confidence in the U.S. banking industry has fallen in the narrow range of 42% to 48%.
In February 2009, just a few months after the Wall Street meltdown, only 39% of Americans were confident in the banking industry. By contrast, in July 2008, just before the meltdown, 68% showed confidence in the industry.
The survey of 1,000 Adults was conducted on January 8-9, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.Rasmussen subscribers can log in to read the rest of this article.
ORLimited Time Discount Offer: $12.00/6 months
Rasmussen Reports is a media company specializing in the collection, publication and distribution of public opinion information.
We conduct public opinion polls on a variety of topics to inform our audience on events in the news and other topics of interest. To ensure editorial control and independence, we pay for the polls ourselves and generate revenue through the sale of subscriptions, sponsorships, and advertising. Nightly polling on politics, business and lifestyle topics provides the content to update the Rasmussen Reports web site many times each day. If it's in the news, it's in our polls. Additionally, the data drives a daily update newsletter and various media outlets across the country.
Some information, including the Rasmussen Reports daily Presidential Tracking Poll and commentaries are available for free to the general public. Subscriptions are available for $4.95 a month or 34.95 a year that provide subscribers with exclusive access to more than 20 stories per week on upcoming elections, consumer confidence, and issues that affect us all. For those who are really into the numbers, Platinum Members can review demographic crosstabs and a full history of our data.
To learn more about our methodology, click here.