Individual investors still have confidence in U.S. publicly-traded companies, according to a new study.
The Center for Audit Quality, Washington, D.C., published this finding in its 5th Annual "Main Street Investor Survey." The telephone survey of 1,003 investors was conducted September 6-14, 2011 by The Glover Park Group.
Seven in 10 investors (70%) indicated that they have at least some confidence in investing in U.S. public companies. While this represents a decline of five percentage points from 2010, a majority of American investors continue to express confidence in these companies, the survey says.