Economy

Economy, jobs continue to rank as most important problems
Though Americans remain largely dissatisfied with the way things are going in the U.S., the 22% who are satisfied is up from 15% in December and is the highest since last spring.

Life evaluation up along with economic confidence, standard of living
Americans rated their lives better in January than in any month since March of last year. Americans' life ratings have been steadily recovering since October, when they fell to their lowest level in more than two years.
Obama's Approval Ratings Lowest on Deficit, Economy, Foreign Trade

Gallup Editor-in-Chief Frank Newport reveals President Obama's approval ratings across 11 issue areas and discusses how his rating on the economy specifically may affect his chances for re-election.

Rhode Island workers report worst
North Dakota workers were most likely to report their employers were hiring workers rather than letting workers go in 2011. All states showed positive scores on Gallup's Job Creation Index, with Rhode Island's +4 the lowest.

Seven in 10 owners say they would hire temporary, contract, or part-time workers
More U.S. small-business owners intend to increase (22%) than decrease (8%) the number of jobs at their company in the next year, the biggest margin in four years, according to the new Wells Fargo/Gallup Small Business Index survey.

Americans' optimism about future direction of economy pushes index higher
Americans' confidence in the economy improved for the fifth month in a row in January, with Gallup's Economic Confidence Index reaching -27, its highest point since May of last year. Confidence is improving across all income groups.

Confidence declines in all states and D.C.
Residents of the District of Columbia and North Dakota expressed the most confidence in the U.S. economy last year, while those in West Virginia and Maine expressed the least. Economic confidence declined in all states last year.

Average $63 in daily spending in January is down from $76 in December
Americans' self-reported retail spending dropped by a predictable amount in January compared with December, as consumers pulled back from their elevated spending levels over the holiday season.

Faith in banks and financial institutions remains low
Europeans' and Americans' confidence in their financial institutions has followed a similar trajectory throughout the global economic crisis, suggesting a strong link between the two struggling economies.

Underemployment is 18.7%, up from 18.3% in December
U.S. unemployment, as measured by Gallup without seasonal adjustment, increased slightly to 8.6% in January from 8.5% in December. Underemployment increased more sharply as a higher number of part-time workers sought full-time work.

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