How Are U.S. Residents Managing Their Finances?

Posted by Leger ● Feb 5, 2024 3:06:23 PM

Every month, we conduct a survey of U.S. residents to explore their views on the economy, finances, and the government. This month, our survey was conducted between January 26 and 28, 2024.


Download the report to learn more.

Some of the key highlights on the U.S. economy include…

  • Concerns surrounding the U.S. being in a recession are consistent with levels observed over the past few months, with more than half (55%) agreeing the U.S. is currently in a recession. 

While concerns surrounding financial stability are increasing

  • Half (49%) say they are living paycheck to paycheck, an increase of 6 points compared to last month (43%).
  • 43% of U.S. residents who are currently employed are concerned about losing their job in the next 12 months. 

Some of the key highlights on U.S. politics include…

  • Donald Trump and Joe Biden are virtually tied in voting intentions. If the Presidential election were to be held today, decided voters indicate Trump would secure 45% of the votes and Biden would secure 44%.
  • Donald Trump remains the preferred Republican candidate for president in 2024, receiving  73% of support from Republican voters, while his only rival still in the race, Nikki Haley, is preferred by 13% of the Republican voters.
  • Additionally, Republican voters would prefer Donald Trump's vice president running mate to be Vivek Ramaswamy (20%), followed closely by Ron DeSantis (17%).
  • A third of U.S. residents (34%) think that Donald Trump should be the Republican candidate even if he is convicted and imprisoned.
  • This sentiment is driven by Republican voters (63%), and almost the same proportion (64%) of Republican voters would still vote for Trump if he were found guilty and imprisoned following one of his trials.
  • A third of U.S. residents (34%) think the 2024 presidential elections will take place peacefully, while the majority (66%) think there will be disturbances, protests, and civil disobedience.
  • Those who voted for Trump in 2020 are more likely to think that the election will be peaceful than those who voted for Biden in 2020 (39% vs 29%, respectfully).
  • In turn, those who voted for Biden in 2020 are more likely to think there will be disturbances than those who voted for Trump in 2020 (71% vs 61%, respectively).