Many Americans Say Their Financial Situation Is Worse Since The Great Recession

Posted by Staff Reporter on Aug 05, 2019 03:31 AM EDT
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Many Americans say their financial situation is worse since the Great Recessionmore big
Many Americans say their financial situation is worse since the Great Recession (Photo : GETTY IMAGES)

The Great Recession has  been over for a decade. Yet many people's finances haven't recovered from the recession's blows, according to a new survey by personal finance website Bankrate.com.

"Even a modest downturn is going to cause further harm to Americans personal finances," said Mark Hamrick, senior economic analyst at Bankrate.com.

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