The first week of the government shutdown saw no surge in Americans' economic anxiety.
Summary
First initiated in 2008, this quarterly survey tracks consumer opinions of the economy and confidence in the financial services industry.
Americans’ concern about the economy and stress levels remained largely unchanged in early October, despite the onset of a federal government shutdown and persistent inflationary pressures.
Life insurance prospects exhibit greater financial sensitivity than those not considering coverage, along with higher levels of trust in insurers.
LIMRA conducted a series of qualitative studies to identify growth opportunities and better understand consumer needs, attitudes, and barriers to financial protection. Key insights revealed opportunities to expand engagement by improving financial education, simplifying products, building trust, and delivering more personalized, culturally relevant experiences.
Jennifer leads LIMRA's consumer data strategy efforts, focused on integrating research and emerging technologies to generate deeper consumer insights. She also oversees the quarterly U.S. Consumer Sentiment study, LIMRA's tracking of consumer views on the economy and the financial services industry, and supports research initiatives across the organization. Throughout her career at LIMRA, Douglas has held roles in product research, strategic research, and research quality, bringing a broad perspective to her work.
Senior Research Director, Consumer Data Strategy
LIMRA and LOMA
jdouglas@limra.com