Many Americans may currently be in need of loans to help with finances. However, a growing number of them are optimistic about their long-term fiscal situations, a Gallup poll indicates.

According to the survey, 63 percent of Americans think they’ll be better off financially in one year. This is a marked increase from the 53 percent who said so in mid-2008.

When It Comes to the Past Year, Though…

Regarding where consumers stand financially compared to a year earlier, the poll showed a different story. Only about 37 percent of Americans surveyed said they were better off now than one year ago. More than 40 percent said they were worse off.

The percentage of Americans who stated their finances are in better shape from a year earlier is well below other marks in recent years. This is especially true when compared to polls conducted in 2018, 2020 and 2022.

Consumer Confidence on the Rise

Much of this data could be construed as negative. But a number of reports that have come out this spring indicate consumers appear more comfortable with their finances, with some even optimistic about their future money situations.

For instance, a survey by Discover shows consumer sentiment grew in October, with 39 percent of respondents noting their personal finances were “good” or “excellent” compared to September.