Among the survey’s key findings:
- 64 percent say they are worried about another recession;
- 59 percent believe their debt level will be lower in 12 months;
- 58 percent say more jobs and a rising employment rate would be the best signs that the California economy is improving; only 1 percent say construction on new housing would be a sign of improvement;
- 57 percent say the U.S. economy concerns them the most among economies, while 28 percent say the California economy is their biggest concern and only 11 percent say Europe.
- 68 percent have cut down on credit card use;
- 60 percent have reduced the amount of money they owe;
- 57 percent have postponed the purchase of a major item, such as a car;
- 55 percent of those aged 18 to 34 have changed living arrangements to save money;
- 50 percent have taken money out of investments to help pay expenses.
- 73 percent in the Bay Area believe their financial situation will be better in 12 months, compared to 62 percent in San Diego and 61 percent in Los Angeles.
- 62 percent of Bay Area residents expect that job opportunities will improve in the next 12 months, compared to 50 percent in Los Angeles and 47 percent in San Diego.
- In the Bay Area, 59 percent of respondents say they expect 2012 to be better than 2011, compared to 52 percent in Los Angeles and 41 percent in San Diego.
- 30 percent in the Bay Area say things in California are headed in the right direction, compared to 23 percent in Los Angeles and 21 percent in San Diego.
- Looking at current conditions, 19 percent in the Bay Area call the job environment excellent or good, while just 8 percent in Los Angeles and San Diego feel the same.
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