Mass. Residents More Optimistic In 2012
Massachusetts residents are more optimistic on their view of the future than they were a year ago, according to a new survey by the Siena College Research Institute (SRI).
The number of residents who believe the economy is strong and will return to financial health rose 10 percent over last year, to 56 percent, while 47 percent said they are better off today than they were four years ago.
Looking ahead, 53 percent surveyed said they expect business conditions to improve over the next year. And at a rate of more than four to one, residents said they believe they'll be personally be better off financially in a year. That said, more residents said gasoline prices pose a greater financial hardship this year than last, rising from 60 percent to 66 percent. They're less concerned about heating costs and grocery prices than last year though, with about 65 percent saying they're worried about each.
"Despite continuing concern over the price of many staples as well as with jobs, and the market, state residents are far more optimistic today than they were a year ago, and led by the upbeat Boston area, more positive than residents of the states of New York, Connecticut and Pennsylvania," said SRI Director Don Levy.
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