November 19, 2009
Reflecting an often-overlooked aspect of today’s job crisis, one in six Americans now mention lack of money or low wages as the most important financial problem facing their families today -- tying a five-year high for the question and more than name healthcare, unemployment, or any other financial issue.
November 17, 2009
There appears to be little holiday cheer on Main Street, according to Gallup’s key economic indicators, as consumer spending was down 23% last week from the same week last year. Gallup’s Economic Confidence Index and Job Creation Index remained essentially unchanged from the previous week.
November 16, 2009
Americans’ estimate of the total amount they will spend on Christmas gifts this year is now $638, essentially matching the record lows from November and December 2008. Fewer Americans say they will be spending less on gifts this year than said this a year ago, while most say they will spend the same amount.