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Latinos Increasingly Confident in Personal Finances, See Better Economic Times Ahead

Pew – “Latinos have become considerably more upbeat about their personal finances and optimistic about their financial future since the Great Recession, according to newly released results from a national survey of Latino adults. The survey also shows that Latinos have pulled even with the general U.S. population in their views of their personal finances and continue to outpace them on optimism about the future. However, community economic indicators show limited progress since the Great Recession. Four-in-ten Latinos say their personal finances are in “excellent” or “good” shape, a 17 percentage point increase since 2008, when only 23% made a similarly positive assessment of their finances (the Great Recession began in December 2007).  By contrast, the share of all Americans who have a similarly positive view of their finances remained essentially flat during the same seven-year period (41% in 2008 vs. 43% in 2015)…”

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