The ADA recently released its “Economic Outlook and Emerging Issues in Dentistry” report for the first quarter of 2024.
Data shows that a little more than 20% of dentists reported being “very” or “somewhat” confident in the U.S. economy in March 2023. The percentage increased to 39% for March 2024.
Here are dentists’ confidence levels for the dental industry and the U.S. economy overall for March 2024:
Their dental practice
Very confident: 28.4%
Somewhat confident: 36.6%
Neither confident nor skeptical: 17.8%
Somewhat skeptical: 11.8%
Very skeptical: 5.4%
The dental care sector
Very confident: 17.7%
Somewhat confident: 40.5%
Neither confident nor skeptical: 20.8%
Somewhat skeptical: 15.9%
Very skeptical: 5.1%
The U.S. economy
Very confident: 8.3%
Somewhat confident: 30.9%
Neither confident nor skeptical: 18%
Somewhat skeptical: 27.8%
Very skeptical: 15%