U.S. Consumers' Well-Being Drops, According to New Temkin Group Research
Fifth Annual Temkin Well-Being Index Shows That U.S. Adults Feel Less Healthy in 2016
WABAN, Mass., May 10, 2016 /PRNewswire/ -- Temkin Group released its Temkin Well-Being Index (TWBi), which measures the well-being of U.S. adults. The TWBi is based on online surveys of 10,000 U.S. adults that were completed in January of 2012, 2013, 2014, 2015, and 2016.
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The TWBi of 61.9% in 2016 a drop from 63.8% in 2015, the second year in a row that the TWBi has dropped. After two years of improvements, the TWBi has declined close to the 2013 level. The largest portion of the drop came from a decline in the healthiness element of the TWI.
The TWI is an index that averages the percentage of consumers who agree with the following statements:
- I am typically happy
- I am healthy
- I am financially secure
"The well-being of U.S. consumers is on the decline, especially when it comes to their health," states Bruce Temkin, Managing Partner of Temkin Group.
All three elements of TWBi —happiness, healthiness, and financial security—declined between 2015 and 2016. The healthiness component dropped from 69.0% to 65.7%, while the happiness component dropped from 77.0% to 75.0%, and financial security element just dipped from slightly from 45.4% to 45.0%.
Here are the TWBi since the start of the index:
- 2012: 60.0%
- 2013: 61.5%
- 2014: 64.0%
- 2015: 63.8%
- 2016: 61.9%
This TWI data can be accessed from the blog, Customer Experience Matters®, at ExperienceMatters.wordpress.com.
For more information about Temkin Group, visit www.TemkinGroup.com.
About Temkin Group: Temkin Group is widely recognized as a leading customer experience research and consulting firm. Many of the world's largest brands rely on its insights and advice to steer their transformational journeys. Temkin Group combines customer experience thought leadership with a deep understanding of the dynamics of organizations to help accelerate results. Rather than layering on cosmetic changes, Temkin Group helps companies embed practices within their culture by building four critical competencies: Purposeful Leadership, Employee Engagement, Compelling Brand Values, and Customer Connectedness. The firm's ongoing research identifies leading and emerging best practices across a wide range of activities for engaging the hearts and minds of customers, employees, and partners. For more information, contact Bruce Temkin at 617-916-2075 or send an email.
About Bruce Temkin: Bruce Temkin is widely recognized as a customer experience thought leader and is Customer Experience Transformist and Managing Partner of Temkin Group. He is also the author of a very popular blog, Customer Experience Matters (ExperienceMatters.wordpress.com). Prior to forming Temkin Group, he was a VP at Forrester Research for 12 years. Bruce is a highly demanded speaker who consistently receives high marks for his content-rich, entertaining keynote addresses. He is also the co-founder and Chair of the Customer Experience Professionals Association (CXPA.org), a global non-profit organization dedicated to the advancement of customer experience management.
Customer Experience Matters is a registered trademark of Temkin Group.
SOURCE Temkin Group
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