October 23, 2009
Americans spend the most on Saturdays, followed closely by Fridays; accordingly, weekend spending far exceeds weekday spending. More importantly, intensifying spending swings on payday weeks imply there may be a new “cash-based” spending pattern ...
October 20, 2009
As the Dow Jones Industrial Average climbed past 10,000 last week, economic confidence was unchanged, but consumer spending surged and job-market conditions reached their high for the year. If these trends persist for the next few weeks, ...
October 20, 2009
Gallup's Job Creation Index rose to 4 last week, the most positive reading for this measure so far in 2009.
October 13, 2009
Hiring improved a little last week -- bouncing back to its best level of the year, and suggesting less deterioration in the job market -- but consumer confidence was flat and consumer spending fell back, staying within its new normal, and is ...
October 12, 2009
The average $740 consumers predict they will spend on Christmas gifts this year is down from $801 recorded at this time a year ago, but higher than the $639 prediction Americans gave two months later in the economically troubled 2008 holiday ...
October 12, 2009
Americans currently esitmate that they will spend an average of $740 on Christmas gifts this year, less than the average of $801 recorded at this same time last year.
October 8, 2009
Consumer spending remains down 30% across income groups, suggesting retail sales and profit challenges this Christmas. This is the case even with consumer confidence hitting a new high in September and layoffs easing over the past five months.
October 6, 2009
Consumer confidence took a tumble last week after three good weeks; job layoffs continued to reflect a weak job market; and while spending is up slightly from the prior week, it remains down 30% from a year ago.
October 6, 2009
Gallup's Consumer Confidence Index fell to -29 last week, the lowest level recorded since mid-July of this year.
September 29, 2009
Consumer spending last week was down 17% from the prior week and 39% from a year ago, even as Gallup’s Job Creation Index tied its best level of the year and Gallup’s Consumer Confidence Index hit a new 21-month high.
