Consumer spending remains 40% below that of a year ago
June 30, 2009While the percentage of Americans saying the economy is getting better is up 25 percentage points from a year ago, job creation is down 14 points and consumer spending is down 40%.
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June 26, 2009Topping a list of 12 economic issues, Americans say they are the most worried about the rising unemployment rate and the increasing cost of healthcare, at 87% and 85%, respectively.
Pessimism about near-term inflation falls, but pessimism about near-term unemployment rises
June 25, 2009With 58% of Americans saying they expect higher inflation rates over the next six months and 57% expecting increased unemployment, the public may be anticipating stagflation.
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June 23, 2009Gallup Poll Editor in Chief Frank Newport talks in depth about this week's data from Gallup’s core economic indicators, including job loss and job creation, spending, and consumer mood.
Consumer spending remains 38% below a year ago
June 23, 2009Americans’ economic mood deteriorated slightly last week, with job loss continuing to exceed job creation, and consumer spending running 38% below a year ago.
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Consumers’ mood and job conditions improve slightly, while spending does not
June 16, 2009Consumers’ mood improved slightly last week, as did employee perceptions of job market gains and losses, but consumer spending is down from the prior week -- and down 29% from the relatively low spending levels of the same week a year ago.
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June 9, 2009Gallup Poll Editor in Chief Frank Newport talks in depth about this week's data from Gallup’s core economic indicators, including job loss and job creation, spending, and consumer mood.
Consumers’ mood and job conditions worsen slightly while spending is up slightly
June 9, 2009General Motors’ bankruptcy has had little impact so far on Americans’ perceptions of the economy. Consumers’ mood slipped only slightly last week, giving up the previous week's gains, while spending edged up from the prior week -- but remains down 48% from the same week a year ago.
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This report, The Silatech Index: Voices of Young Arabs, a Silatech study prepared in partnership with Gallup, measures and analyzes attitudes of young Arabs with respect to their hopes
and desires in life, human capital, work, entrepreneurship, and obstacles to success.
Suggests an unemployment rate of 9% or more
June 4, 2009Gallup’s measure of job creation for May is at 24% -- flat compared to April (23%). Even though job loss eased modestly, to 26% from 28% in April, the rate of job loss compared to job creation suggests the U.S. unemployment rate reported Friday will reach, and probably exceed, 9%.
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