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Business and Economy

Specifics of Stimulus Appeal to Americans

Specifics of Stimulus Appeal to Americans

January 8, 2009
Large majorities of Americans say they would favor including income tax cuts (72%), tax cuts for businesses (75%), and a government infrastructure program that would create new jobs (78%) as part of a new economic stimulus package.

Majority of Americans Favor $775 Billion Economic Stimulus

Support particularly high for infrastructure investment and tax cuts

January 8, 2009
A majority of Americans (53%) favor Congress' passing a $775 billion stimulus package of the type urged by President-elect Obama. There is even more support for elements it could include, such as government spending for infrastructure, income tax cuts, and tax incentives for businesses.More ...

Consumer Expectations Improving With New Year

But will they continue to do so in the weeks ahead?

January 8, 2009
Even as the nation’s leaders talk about the rapidly deteriorating economy, net consumer expectations for the future direction of the U.S. economy are improving, up 7 points during the week ending Jan. 4.More ...

Unemployment Rate Likely to Surge on Friday

Gallup’s hiring measure suggests December’s rate will exceed 7% consensus

January 6, 2009
Gallup’s hiring measure suggests that the government will likely report Thursday that four-week average jobless claims hit a new high as 2008 came to a close -- exceeding the previous 2008 high of 558,000. In turn, this suggests that December's unemployment rate will exceed 7%.More ...

Small-Business Owners Cut Spending, Jobs as Revenues Fall

Owner optimism plunges; most expect tough times in 2009

January 5, 2009
The Wells Fargo/Gallup Small Business Index hit a new low in the fourth quarter of 2008, with many small-business owners saying they are generating less revenue, cutting capital spending, and eliminating jobs.More ...

A Gallup.Com Year in Review

Revisiting some of the most defining findings of 2008

December 31, 2008
Gallup.Com reviews some of the most defining findings of the year that was 2008.More ...

Restaurant Dining Mostly Holding Up Despite Recession

Gallup finds little change in Americans’ frequency of dining out

December 30, 2008
The percentage of Americans saying they ate dinner out at least once in the prior week has hardly changed in recent years, now 60% versus 64% in December 2005. Frequent dining out -- going three or more times a week -- has not dropped at all.More ...

Despite Cheaper Gas, New Driving Habits Sticking

Lower-income, younger Americans most likely to be among 12% reverting

December 30, 2008
While 64% of Americans say they significantly changed their driving habits earlier this year as gas prices soared, only 12% now say they have reverted to their old habits as pump prices have plunged in recent months.More ...

Consumer Confidence Remains Near Low Point for Year

Key will be trend in confidence as new year begins

December 23, 2008
Americans remain very negative about the state of the U.S. economy; Gallup’s latest update on consumer confidence shows that 78% of Americans can be classified as negative, with only 4% positive -- near the low point for the year.More ...

U.S. Investors Optimistic About Longer Term

Slightly optimistic about personal portfolios; highly pessimistic about economy

December 22, 2008
In a new Gallup Index of Investor Optimism poll conducted Dec. 16-18, investors, by a margin of 57% to 28%, say they are optimistic as opposed to pessimistic about their ability to achieve their investment goals over the next five years.More ...
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