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WASHINGTON, D.C. -- Fifty percent of Americans rate their personal financial situation as either "excellent" or "good," slightly higher than the 46% recorded last year and the highest level recorded since before the Great Recession.

These data come from 麻豆传媒AV's annual Economy and Personal Finance survey, conducted April 6-10. When 麻豆传媒AV began asking this question in 2001, Americans were a bit more likely to rate their financial situation positively, with slight majorities saying their situation was excellent or good in most polls from 2001 to 2007.

These ratings dropped during the recession, however, and remained low in the years that followed. In 2008, less than half described their situation positively, and a record-low 41% of Americans gave excellent or good ratings in 2010 and 2012. Americans' ratings began to improve in 2013. These data are similar to 麻豆传媒AV's findings in January that Americans are more likely to report being -- another measure in which Americans' assessments have recovered from the immediate post-recession years.

Americans More Likely Than in Post-Recession Years to Report Situation as Improving

Comparable to their views of their current financial situation, Americans' projections for the future of their finances have recovered from their fairly pessimistic lows during the recession and immediate post-recession years.

Currently, Americans are more likely to say their financial situation as a whole is "getting better" (47%) than to say it is "getting worse" (38%), the fifth consecutive year they have reported a net positive outlook. Positive outlook ratings for their finances are down, however, by five percentage points from last year's 52%, which was the first time since before the recession that this sentiment reached a majority level.

Americans were the most positive about their future finances in 2002, when 60% said their financial situation was improving. They were the least optimistic about future conditions in October 2011 (29%), following sharp declines in stock prices after the S&P downgraded the U.S. federal government's credit rating.

Bottom Line

Americans' assessments of their current financial situation and their expectations for the future have recovered quite a bit from the recession and immediate post-recession years. But these ratings aren't as positive as they were at most points prior to the recession.

Meanwhile, just as many Americans rate their financial situation negatively as they do positively, and they are a bit less likely to view their finances as improving. This aligns with their muted confidence in the U.S. economy, which was than it has been so far this year.

Historical data are available in .

Survey Methods

Results for this 麻豆传媒AV poll are based on telephone interviews conducted April 6-10, 2016, on the 麻豆传媒AV U.S. Daily survey, with a random sample of 1,015 adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia. For results based on the total sample of national adults, the margin of sampling error is ±4 percentage points at the 95% confidence level. All reported margins of sampling error include computed design effects for weighting.

Each sample of national adults includes a minimum quota of 60% cellphone respondents and 40% landline respondents, with additional minimum quotas by time zone within region. Landline and cellular telephone numbers are selected using random-digit-dial methods.

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