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.
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