CoreStates Economic Survey

Last quarter, we sent out an email inviting all CoreStates clients to participate in an Economic Survey. We asked you to go to our website and give us your opinion on several important segments of our economy. We asked if you thought these key economic indicators would increase, decrease or remain unchanged over the next six months. Here are the results from a terrific cross-section of our client base. Thank you everyone who participated.



66% of the respondents felt that the stock market would improve over the next six months, while 80% thought oil prices would increase. 64% of respondents think the unemployment rate will increase with 42% seeing lower home values. 58% are predicting higher inflation most likely led by the cost of medical insurance (78%), increased government spending (86%) and the declining value of the dollar. 56% of those surveyed think the income taxes will increase over the next six months. 51% think that the consumer confidence will improve and 39% believe the automobile sales will increase.

We hope that you will compare your responses to those individuals who participated in the survey. Keep in mind this is not a scientific survey. We just wanted to provide a forum for people to tell us what they thought. Please look for more investor surveys in future newsletters. We greatly appreciate your involvement in making CoreStates a special place.