New High: 34% Owe More Money Than They Did A Year Ago
More Americans than ever say they owe more money than they did last year, and they’re more pessimistic about their future interest rates.
A new Rasmussen Reports national telephone survey finds that 34% of American Adults now owe more money than they did last year, up from 32% last month and the highest finding in regular surveying since April 2009. Slightly fewer (31%) owe less now, while 33% say they owe about the same amount as they did last year. (To see survey question wording, click here.)
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The survey of 1,000 American Adults was conducted on July 14-15, 2014 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.