Terror Bombs Shift Attitude of U.S. Rich

Published August 09, 2005, 1:00 a.m. EDT

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In the wake of the London subway and bus bombings, top concerns among affluent Americans have shifted from the economy to terrorism, safety, and security, according to a survey to be released today.

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The latest quarterly McDonald Financial Group Affluent Consumer Confidence Index report said affluent Americans now view terrorism as the No. 1 issue facing the country, with 32% naming it, double the share that rated it No. 1 in the previous quarter and more than picked any other concern.

David Legeay, a senior vice president at McDonald Financial Group, the investment arm of KeyCorp in Cleveland, said the results were skewed because the survey was done from July 6 to 15, straddling the July 7 bombing date.

Economic confidence among affluent Americans improved by two points in the quarter after a five-point decline the previous quarter.

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