The public makes sharp distinctions about which groups have benefited – and which have not – from the economic policies the government has put in place since the start of the recession. Majorities say that large banks, large corporations and the wealthy have been helped a great deal or a […] Read more »
Establishment Populism Rising
Larry Summers, who withdrew his candidacy for the chairmanship of the Federal Reserve under pressure from the liberal wing of the Democratic Party in 2013, has emerged as the party’s dominant economic policy strategist. The former Treasury secretary’s evolving message has won over many of his former critics. Summers’s ascendance […] Read more »
Economic Confidence Edged Down in February
After scoring +3 in January, the first positive reading in seven years, Gallup’s Economic Confidence Index edged down to +1 in February. The reading last month is still the second-highest monthly average since Gallup began tracking confidence on a daily basis in 2008. CONT. Frank Newport & Lydia Saad, Gallup Read more »
Millennials: Coming of Age
One of the largest generations in history is about to move into its prime spending years. Millennials are poised to reshape the economy; their unique experiences will change the ways we buy and sell, forcing companies to examine how they do business for decades to come. CONT. Goldman Sachs Read more »
Americans Split on Worth of U.S. Being No. 1 Economically
Fifty percent of Americans view it as “important” for the U.S. to be No. 1 in the world economically. This is up from 39% in 2007, when Gallup last asked the question, and is the highest figure since 1993. The other half of Americans (49%) say it is “not that […] Read more »
Consumers remain optimistic in February
Consumer optimism was affected in February by lower gas prices and an unusually harsh winter. The small overall decline from January still left consumer confidence at the highest levels in eight years, according to the University of Michigan (U-M) Surveys of Consumers. CONT. University of Michigan Read more »