Gallup Economic Weekly

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 ...

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 ...

Gallup Economic Weekly: Halloween Raises Spirits

Economic confidence, jobs, and spending improve around Halloween

November 3, 2009
Halloween may have buoyed consumer spirits as Gallup’s Economic Confidence Index, Job Creation Index, and Consumer Spending measure all rebounded from prior- week declines -- returning to or nearing their best levels of the past several weeks and reflecting the variability of today’s consumer economic perceptions.More ...

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 ...

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 ...

Gallup Economic Weekly: Job Market Improves

Hiring improves and layoffs ease, sending Job Creation Index back to its best level of the year

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 down 33% from a year ago.More ...

Gallup Economic Weekly: Consumer Confidence Tumbles

Layoffs continue to hurt the job market: spending up slightly but is down 30% from a year ago

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.More ...

Gallup Economic Weekly: Spending Trails Confidence, Jobs

Spending remains down 39% from a year ago, while other key measures hit new highs

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.More ...

Gallup Economic Weekly: Job Creation Improves Slightly

But Gallup's index remains down 13 points from a year ago

September 22, 2009
Even after a good week -- with Gallup's Consumer Confidence Index at a 2009 high, and both job creation and consumer spending up slightly for the week -- Gallup's Job Creation Index is down 13 points and spending is down 26% from a year ago.More ...

Gallup Economic Weekly: Consumer Confidence Rebounds

Job creation continues to languish, with 22% of employees reporting their companies are hiring

September 15, 2009
Even as the nation looks back to 9/11 and the first anniversary of the financial crisis, not only is consumer confidence up for the week, but it matches its highest level of the past 20 months. However, consumer spending is running 31% and job creation 39% below this time last year.More ...
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