72% of Americans Fear a Recession Is Imminent
Recessions are a natural part of our economic cycle, which means you can -- and should -- expect them to happen every once in a while. Back in December, FinanceBuzz conducted a survey to see how many Americans had a recession on their radar, and 53% said they were worried about one happening soon. But given the impact COVID-19 has already had on our economy, the FinanceBuzz team thought they'd give that question another try mid-crisis, and not shockingly, it found that 72% of U.S. adults now fear a recession in the very near future.
Further to this, 33% of Americans are now worried about losing their jobs. And around 14% are concerned about stock market declines -- something that's already happened rapidly over the past few weeks.
If you're stressed about a recession, there are a few steps you can take to prepare for that possibility -- and buy yourself some much-needed peace of mind.
Source Fool.com
