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Americans' Holiday Spending Not Shut Down by Shutdown
Americans, on average, expect to spend $786 on Christmas gifts this year, similar to their 2012 and 2011 estimates. This points to modest growth in holiday retail sales, just shy of 4%.
Congress' Job Approval Falls to 11% Amid Gov't Shutdown
Americans now give Congress a job approval rating of 11%, down eight percentage points from last month and one point above the worst rating in Gallup history. Democrats' approval of Congress has dropped to 5%.
U.S. Economic Confidence Slowly Rising
Americans' confidence in the economy is slowly improving since the partial government shutdown ended. Gallup's Economic Confidence Index rose two points to -27 last week and is up from -39 in mid-October.
Unemployment Rises to Top Problem in the U.S.
Unemployment is now the most important problem Americans see facing the U.S., edging out mentions of the economy in general and the government.
U.S. Economic Confidence Dips During Budget Battle
As federal lawmakers inched toward the first shutdown in 17 years, Americans' economic confidence eroded. Gallup's Economic Confidence Index fell to -19 in September from -13 in August, the worst monthly score since September 2012.
In the U.S., Economic Confidence Continues Its Recovery
Americans' confidence in the economy is still slowly recovering from its government shutdown-induced plunge. Gallup's Economic Confidence Index averaged -22 last week, up from -39 in mid-October, but below the -15 from mid-September.
U.S. Economic Confidence Rises in November
Gallup's Economic Confidence Index averaged -25 in November, up from -35 in October, reflecting only a partial recovery from the index's level during the federal shutdown. Economic confidence increased last month across key subgroups.
U.S. Economic Confidence Continues to Slide Amid Shutdown
Americans' confidence in the economy continued to worsen last week as the government shutdown persisted and the debt limit neared. Gallup's Economic Confidence Index was down five points last week after a 12-point drop the prior week.
Before Shutdown, Government Workers Saw More Hiring
Gallup's Job Creation Index in September, prior to the U.S. government shutdown, rose to +11 among all government workers, up from +6 in August, but fell among non-government workers. The overall index changed little as a result.
U.S. Congressional Leaders Unpopular on Balance
Nancy Pelosi is viewed favorably by 38% of Americans and unfavorably by 48%. Her resulting -10 net image rating compares with Senate Republican Leader Mitch McConnell's -18.