Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading. CONT. Jim Clifton, Gallup Read more »
Eight-Point Increase in Monthly Economic Confidence Index
Gallup’s U.S. Economic Confidence Index, which has been positive for each of the past six weeks, finished January with an average score of +3 — the first time a monthly average has been in positive territory since the recession. The monthly index score is up eight points from December — […] Read more »
Consumer sentiment highest in decade in January
Consumer optimism rose in the January 2015 survey to its highest level in the past decade, according to the University of Michigan Surveys of Consumers. … Consumers anticipated that the economy would expand and create new jobs at the best rate in the past decade. Consumers are counting on rather […] Read more »
Fox News Poll: Voters disagree with vision Obama expressed in State of the Union
Many American voters are not on the same page as President Obama when it comes to the mood of the country and his economic proposals. Yet significant improvements in perceptions of the economy are boosting approval of the president — and less than half of voters want his executive actions […] Read more »
The diagnosis is right, but where’s the cure?
On this Americans agree with President Obama: The economy is getting better — for the rich. A USA TODAY/Suffolk University poll finds broad skepticism that the proposals the president outlined in his State of the Union Address last week will go anywhere in a Republican-controlled Congress, though. And that’s distressing […] Read more »
The Conference Board Consumer Confidence Index Increased Sharply
The Conference Board Consumer Confidence Index®, which had increased in December, rose sharply in January. The Index now stands at 102.9 (1985=100), up from 93.1 in December. … Lynn Franco, Director of Economic Indicators at The Conference Board, said: “Consumer confidence rose sharply in January, and is now at its […] Read more »