The American Affluence Center's report is based on the responses from 439 men and women who promptly responded to their survey and meet the minimum net worth requirement of $800,000. Their households have an average annual income of $290,000, an average net worth of $3.1 million, average investable assets of $1.7 million, and an average primary residence value of $1.1 million. The underlining below is mine, which may define an important future trend.
• The index for future business conditions is 22 points below the prior Spring survey index and 30 points below the Fall 2009 survey. Given the low rating of current business conditions, this future index is relatively negative, as it reflects an expectation of limited improvement from a poor starting point.
• The index for change in the stock market is 14 points below the prior Spring survey index and 33 points below the Fall 2009 survey. The current index reflects a 3 point decline in the "higher" rating and a 12 point increase in the "lower" rating. The "same" rating was 8 points lower. These ratings seem to suggest an expectation that the market will be largely unchanged 12 months out.