The American Institute of CPA's just released the results of an interesting survey looking at major life event decision making by Americans.
The survey found that half of American adults (51 percent) have delayed at least one important life decision in the last year due to financial reasons. This up from 31% in 2007.
The survey chart below shows that for many life events twice as many Americans are delaying decisions for financial reasons than in 2007.
Economic uncertainty is powerful trend. It's a key reason we have lower marriage rates, lower birth rates, lower home ownership rates, higher income inequality and lower economic mobility.
It's also leading more people to seek side gigs and second jobs as well as being a key driver behind the growth of firms like Uber and Airbnb.
We cover the impacts of this trend in our Economic Uncertainty section.
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