1/27/2015 8:24:00 PM
FIN SURVEY

The fastener industry expressed low confidence in the White House on business issues, but even lower in the incoming U.S. Congress, according to the End of 2014 FIN Survey.

A 64% majority rated their confidence in the White House as “Very Low” (44%) or “Low” (20%). A quarter of the participants put their confidence at “Moderate”; 2% “High”; and 6% “Very High.”

In comparison with the End of 2014’s 64% combines “Low” plus “Very Low” on business issues, a year ago it was 69%.  And the end of 2012, it was 65%.

The incoming U.S. Congress had a lower percentage of negative ratings on business issues than the White House, but no FIN Survey respondents checked “High” or “Very High” confidence. 

With more than one-third having “Low” confidence in the incoming Congress plus 23% “Very Low,” together there was a 57% majority rating Congress negatively.  A total of 41% responded as having “Moderate” confidence in the legislative branch.

But the 57% negative rating for the incoming Congress is better than a year ago when 75% of End of 2014 participants rated Congress “Low” and “Very Low.”  

At the end of 2012 the negative total was 80%.