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Credit Crisis

Post-Election Uptick in Consumer Confidence Short-Lived

Consumers were getting more pessimistic even before the current stock market plunge

November 20, 2008

New aggregated weekly data show that any Obama election “halo effect” on consumer confidence was short-lived at best, with the percentage of Americans rating the economy “poor” hitting a new weekly high of 61% last week.More ...

Hiring Measure Projects Higher Jobless Claims

Weekly results have high probability of projecting unemployment claims

November 19, 2008

Employee perceptions of the job market suggest odds are better than 7 in 10 that new unemployment claims continued to surge last week, surpassing the 515,000 reported by the Labor Department a week ago.More ...

Americans Divided on Aid to Big Three Automakers

Slim majority would favor aid if one or more U.S. auto companies were certain to fail

November 18, 2008

A new Gallup Poll finds 47% of Americans in favor of and 49% opposed to the federal government's giving “major financial assistance to the Big Three U.S. automotive companies.” A slight majority (56%) would favor assistance if one or more of the “Big Three” were certain to fail without it.More ...

Majority of Americans Cutting Back on Spending

Including nearly two-thirds of families with children

November 17, 2008

More than half of Americans (55%) are cutting back on household spending as a result of recent problems in the stock markets and the economy, with 30- to 49-year-olds and families with children feeling the pinch most strongly.More ...

Sharp Increase in Americans’ Worry About Money

Worry has increased, although it is lower on weekends

November 14, 2008

About 4 out of 10 Americans in recent weeks report that they worried about money “yesterday,” a sentiment that increased sharply in mid-September and has remained higher for the most part since.More ...

Higher-Income Americans Turning More Pessimistic

Views of upper- and lower-income groups tend to differ

November 13, 2008

The improving trend in consumers’ economic outlook over the past five weeks hides new and significant differences by income, as lower-income Americans continue to become more optimistic about the future while upper-income Americans have recently become more pessimistic.More ...

Americans Want Regulation More Than Rescue

Say tightening financial regulations on banks ought to come first

November 11, 2008

Americans consider passing stricter regulations on financial companies to be substantially more important than providing these financial institutions, or the automobile industry, with loans or other help.More ...

Consumer Confidence Up Slightly After Obama's Election

Daily tracking shows perceptions improving over past couple of days

November 7, 2008

Gallup Poll Daily tracking reveals that U.S. consumer confidence has already improved after the historic election of Barack Obama as president, with the percentage saying the economy is “getting worse” down 4 points and the percentage rating the economy “poor” down 3 points.More ...

Gallup’s Jobs Measure Shows Rapid Deterioration

U.S. jobs recession coming rapidly

November 6, 2008

Employee perceptions of the job market plunged in October as Gallup’s Net New Hiring Activity measure fell 33%. It is now down 60% since January, suggesting the economy lost more than the anticipated 200,000 jobs and that the October unemployment rate should reach or exceed 6.3%.More ...

U.S. Consumer Confidence Up Slightly in Recent Weeks

Gallup Daily tracking shows perceptions improving since mid-October

November 3, 2008

In sharp contrast to the widely reported record month-to-month drops in the Consumer Confidence and Consumer Sentiment Indexes, Gallup Poll Daily tracking shows Main Street pessimism easing a little since mid-October.More ...

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Credit Crisis

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Credit Crisis

Post-Election Uptick in Consumer Confidence Short-Lived

Consumers were getting more pessimistic even before the current stock market plunge

Hiring Measure Projects Higher Jobless Claims

Weekly results have high probability of projecting unemployment claims

Americans Divided on Aid to Big Three Automakers

Slim majority would favor aid if one or more U.S. auto companies were certain to fail

Majority of Americans Cutting Back on Spending

Including nearly two-thirds of families with children

Sharp Increase in Americans’ Worry About Money

Worry has increased, although it is lower on weekends

Higher-Income Americans Turning More Pessimistic

Views of upper- and lower-income groups tend to differ

Americans Want Regulation More Than Rescue

Say tightening financial regulations on banks ought to come first

Consumer Confidence Up Slightly After Obama's Election

Daily tracking shows perceptions improving over past couple of days

Gallup’s Jobs Measure Shows Rapid Deterioration

U.S. jobs recession coming rapidly

U.S. Consumer Confidence Up Slightly in Recent Weeks

Gallup Daily tracking shows perceptions improving since mid-October

Topic Search

Confidence in U.S. Banks Is Improving

Surprising Decline in Economic Pessimism This Week

Two-Thirds of Americans Financially Hurt by Crisis

Americans’ Financial Worries Becoming More Wide-Ranging

Record Crisis of Confidence on Main Street

Post-Bailout, Fewer Americans Worried About Money

Bush Job Approval at 25%, His Lowest Yet

Majority of Americans Angry About Financial Crisis

Shrinking Job Market: The Next Crisis?

Consumer Confidence