Mar 11, 2020 - Economy & Business

Coronavirus fear is low but rising among Americans

Reproduced from CivicScience; Chart: Axios Visuals

As confirmed cases of COVID-19 topped 119,000 globally and rose to 1,039 in the U.S., data show worry is beginning to grow.

What's happening: Only about 26% of Americans currently say they are "very concerned" about a coronavirus epidemic in the U.S., but that number is rising steadily, a new survey from CivicScience provided first to Axios shows.

  • Compared to a week ago, 52% of respondents say they are more concerned than they had been, with 21% saying they are "much more concerned."

The big picture: "Concern is high and more preventative actions like canceling travel plans or stocking up on disinfectants are underway, but we’re not yet seeing people hunkering down in their homes and stocking up on food and other necessities," CivicScience analysts say in the report.

  • "Much like any other consumer trend or behavior, a change in attitude always precedes action — in this case, concern is climbing, economic sentiment is down, and consumers are in the early days of preparing for what’s to come."

Go deeper: Why a longer coronavirus outbreak is the best outcome for the health care system

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Americans are calm about their retirement savings despite coronavirus fallout

Data: CivicScience surveys; 14,940 total respondents; MOE ± 2%; Chart: Axios Visuals

New data from CivicScience show Americans remained calm about their retirement savings between late January and mid-March, despite significant losses in the stock market.

The intrigue: Bank of America Securities' Bull & Bear indicator has fallen to its lowest possible level, zero, indicating a strong buy signal.

Asset managers say the 2020 election is now the market's top risk

2020 Democratic candidates in Columbia, S.C., on Jan 20. Photo: Sean Rayford/Getty Images

With the "phase one" trade deal signed, major asset managers have taken their eyes off the trade war a bit and begun to focus on the upcoming U.S. presidential election.

Why it matters: The outcome of November's election is now investors' top concern, according to the results of Bank of America Securities' latest global fund manager survey.

For some, coronavirus pushes new issues to top of national agenda

Illustration: Sarah Grillo/Axios

The coronavirus pandemic is helping shift policy priorities for some Americans, according to results from an online caucus the Glover Park Group provided to Axios.

Why it matters: Crises can force the nation to acknowledge bipartisan problems that are often neglected due to lack of a political motivation to solve them.

Go deeperArrowMar 30, 2020 - Health