Monday, January 16, 2023

Economic optimism has 'collapsed' globally, survey finds


The latest annual survey from global communications firm Edelman found people's hopes for their financial futures suffered a "massive collapse" worldwide over the past year, with most developed nations seeing economic optimism hit all-time lows.

The 2023 Edelman Trust Barometer released Sunday found that citizens in half the countries surveyed had year-over-year double-digit declines in the belief that their families would be better off in five years.

"The biggest story is the loss of economic optimism over the last year, even through the pandemic," Edelman CEO Richard Edelman told FOX Business in an interview, calling the drop "significant."...more

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