Knife’s Edge

President Obama’s bid for a second term stands on the edge of a knife. That’s the overriding message of the latest Allstate/National Journal Heartland Monitor Poll. In the survey, the country divides almost in half on Obama’s overall performance as president, his impact on the economy, and  the choice between […] Read more »

Consumer Comfort Increases For Third Week

Consumer confidence rose last week for the third straight time as the drop in fuel costs helped shore up Americans’ finances and improved the buying climate. The Bloomberg Consumer Comfort Index increased to minus 37.6 in the week ended June 3 from minus 39.3 in the prior period. Another report […] Read more »

Economic Confidence Up in May

Gallup’s Economic Confidence Index averaged -17 in May, improved over the -20 averages recorded in March and April, and the highest monthly average since Gallup began Daily tracking in January 2008. [cont.] Lydia Saad, Gallup Read more »

Consumer Comfort In U.S. Climbs To Four-Week High

Consumer confidence in the U.S. climbed to a four-week high as more Americans said their finances were in better shape. The Bloomberg Consumer Comfort Index rose to minus 39.3 in the week ended May 27 from minus 42 in the prior period. [cont.] Lorraine Woellert, Bloomberg Read more »

Gas prices dropping. Will consumer spending rise?

Americans are noticing slumping gas prices, according to a new poll from the Washington Post and the Pew Research Center. But a key question lingers for the country’s economy still stuck in limbo: Will gas money saved yield a fresh round of consumer spending? [cont.] Scott Clement, Washington Post Read more »