Black Americans more optimistic, but still face financial challenges

Black Americans more optimistic, but still face financial challenges

New research by Limra shows Black Americans hold a more optimistic outlook on the economy and their personal financial futures than the general population.

Citing data from the US Consumer Sentiment Survey, the study said 37 percent of Black adults hold a favorable opinion of the US economy, compared to 30 percent of adults of all other races. Black Americans were also more likely to anticipate improvements this year in terms of economic conditions (42 percent, versus 37 percent in other races) and their personal financial situation (67 percent versus 54 percent).

Limra reported a significant trend among Black Americans toward […]

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