Arkansans Optimistic About Personal Finance, Buying Conditions

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By Arkansas Business

Arkansans remain optimistic, slightly less so than in March, about their personal financial situations, according to the second phase of the Fall 2015 Arvest Consumer Sentiment Survey released Tuesday.
This phase includes a study of consumer outlooks on personal finances and buying conditions over the next six months and business conditions over the next one- and five-year periods.
According to the survey conducted in September, 56 percent of Arkansas consumers expect their personal financial situation to remain the same over the next 12 months, while 28 percent expect improvement over that same period. In March’s survey, 55 percent expected their situation to remain the same and 30 percent expected improvement.
The other areas surveyed were Missouri, including Greater Kansas City, and Oklahoma. Across the three-state area, 54 percent expect their personal financial situation to stay the same, while 33 percent expect it to improve.
Concerning buying conditions, 51 percent of Arkansans believe the next six months will be a good time to buy items like furniture, televisions and refrigerators. That’s down from the 56 percent who thought so in March.
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