Consumers

Gallup Economic Weekly: Waiting for Holiday Cheer

Even as Wall Street soars, consumer spending is down 23% from the same week a year ago

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.More ...

Christmas Spending Forecast Reverts to Record 2008 Lows

Still, fewer now than last year say they will be spending less than a year ago

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.More ...

Gallup Economic Weekly: Confidence Slips So Far in Nov.

Double-digit unemployment and higher gas prices send confidence and spending tumbling

November 10, 2009
Gallup’s Economic Confidence Index fell to a 15-week low as a 26-year high in the unemployment rate and a new 2009 high in gas prices more than offset any potential confidence benefits associated with the gains in the Dow.More ...
Weekly Economic Insights: Hopeful Signs in Jobs Data

Weekly Economic Insights: Hopeful Signs in Jobs Data

November 3, 2009
Gallup’s Job Creation Index increased to +3 last week, closing in on its high for the year. Gallup's Economic Confidence and Consumer Spending measures also improved compared with the prior week.

Gallup Economic Weekly: Declines All Around

Job creation down but still positive, while spending falls back to the new normal

October 27, 2009
Economic confidence fell slightly last week from the prior week and now stands well below where it was a month ago. The job situation deteriorated from its 2009 high of the prior week, while consumer spending fell back to its 2009 trend line from its paycheck- and Halloween-inspired high.More ...
Weekly Economic Insights: Confidence, Jobs, Spending Down

Weekly Economic Insights: Confidence, Jobs, Spending Down

October 27, 2009
Gallup's Economic Confidence, Job Creation, and Consumer Spending measures all trended downward last week.

Many in Europe Want Gov’t Intervention in Financial Crises

Majorities in 10 European nations support government action

October 26, 2009
Gallup finds that a median of 78% of respondents in 10 European countries support government intervention in the financial sector during times of economic crisis.More ...

Consumers Spend More on Weekends, Payday Weeks

Average daily spending is lowest at beginning of work week

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 developing.More ...

Gallup Economic Weekly: Spending, Jobs Climb With Dow

Job Creation Index improves to new high for the year as layoffs ease

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, Christmas sales could surprise to the upside.More ...
Weekly Economic Insights: Job Creation Improves

Weekly Economic Insights: Job Creation Improves

October 20, 2009
Gallup's Job Creation Index rose to 4 last week, the most positive reading for this measure so far in 2009.
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