Sixty-eight percent of participants in a survey conducted in March said they believed the United States was heading toward a recession, and 53% were cutting their spending and paying down debt as a result.
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The American Institute of Certified Public Accountants said its survey found that Americans' most pressing financial concerns were escalating energy costs, retirement, and education.
Twenty-four percent of the 1,026 respondents said they were considering a second or part-time job to help meet expenses. Last year 16% said they were contemplating getting a second job.
The phone survey was conducted March 5 to 9 by Harris Interactive. The report was released Wednesday.
