More than three-quarters of American citizens are planning out steps to deal with a potential economic recession, results of the latest Bankrate poll show.
While 69 percent of survey respondents were “worried” about the possibility of a recession before the end of 2023, 40 percent were “somewhat worried” about the possibility and 29 percent were “very worried,” according to the poll. If a recession begins before the end of 2023, 41 percent said they would be unprepared to deal with it. The majority of Americans, 74 percent, stated that they are taking steps to prepare for the downturn.
