Majority of Americans Feel Economy is in Recession, Changing Financial Habits: Survey
• 59% of U.S. adults believe the economy is in a recession, according to a Bankrate survey
• Majority said they are feeling financial pressure regardless of income level
• Gen Xers most likely to say economy is in recession at 65%, followed by Millennials at 60%
• Households with kids under 18 were most likely at 66% to say economy is in recession
• 64% have changed financial habits in 2023 due to economic environment, jumping to 81% among those who believe economy is in recession