Spending

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 ...
Weekly Economic Insights: Spending Hardly Inspires

Weekly Economic Insights: Spending Hardly Inspires

November 17, 2009
Americans reported spending an average of $62 per day last week, down from $65 the week prior and $81 a year ago -- not yet signaling a boost for the holiday spending season.

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 ...
U.S. Christmas Spending Forecast Down From October

U.S. Christmas Spending Forecast Down From October

November 16, 2009
Americans in November say they plan to roughly spend $638 on Christmas gifts this year, down from the $740 they projected in October and nearly identical to the $639 they projected last December.

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: Jobs Holding Constant

Weekly Economic Insights: Jobs Holding Constant

November 10, 2009
American workers last week reported similar job market conditions as during the prior week, while economic confidence declined.

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 ...
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.
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