According to a timely study from the Scarborough Kids Internet Panel, 75% of teens in the study said they are optimistic that the new administration will help solve current economic problems.
African-American and Hispanic teens appear to be more optimistic than Asian and Caucasian teens, with 46% of African-American teens saying they are "very optimistic" about President
Obama's ability to help the economy, along with 31% of Hispanic teens, 24% of Caucasian teens and 20% of Asian teens.
The vote of confidence is well-timed, as teens are feeling the impact of
the crisis at home, says the report. 74% of teens surveyed said that they are worried about the economy, including 23% who are "very" worried and 51% who said that they are "somewhat
worried." 20% are "not very worried" and 6% "aren't worried at all."
Eighty-six percent of teen respondents think their parents worry about economic conditions,
and 70% have discussed the economy with their parents.
- 47% said that they would like to talk to their parents more about the issue
- 64% of teens stated that they were
discussing the downturn with their teachers at school
- 81% percent of teens are also interested in understanding more about the causes of the current problems
Many
teens report that they have made adjustments in their household to accommodate changing financial situations and health related behaviors. In order to save money:
- 15% of teens
dropped out of a sport or recreational activity
- 13% missed doctors' appointments
- 11% stopped or cut back on taking vitamins
- 33% changed eating habits. (Most
frequently eating out, particularly at quick service restaurants)?
- 20% have cut back on eating organic food
Steve Seraita, Executive Vice President of Scarborough
Research. "... Knowing the sentiments of kids, teens and their parents can help marketers tailor messages and new products to meet current needs... There is also a message... for government
organizations and policy makers... to use some of the stimulus funding earmarked for youth education/health programs... "
For additional
details from Scarborough, please view the PDF file of the report release here.