The biggest threat to the U.S. economy over the next 6 months: North Korea? Rising interest rates? Terrorism? A stock market drop?
Thirty-six percent of Americans chose “the political environment in Washington” as the biggest threat to the economy, according to a new survey by personal finance website Bankrate.com.
That easily beat out the next four choices: the threat posed by North Korea (24%), rising interest rates (10%), terrorism (10%) and a decline in the stock market (8%).
“Americans’ angst about rising interest rates or a stock market decline barely registers, with worries instead centered around the political environment in Washington and developments on the international scene,” Bankrate.com’s chief financial analyst Greg McBride said in a statement.
However, there was a political divide in perceived threats. Republicans, Hispanics and Southerners ranked North Korea the top economic risk.
The survey of about 1,000 adults was conducted during the past week by Princeton Survey Research Associates International.
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