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The Economy

Economic Statistics
  • Home Construction Drops 5.9% in February
  • Mortgage applications fall to 2-month low
  • Consumer spending rises .5% – less than expected
  • Wages increased .4%
  • Q3 GDP revised to 2.2%
Public Opinion
  • Rasmussen
    • 55% Say economy still in poor condition
    • just 33% beleieve stimulus helped at all
    • 49% believe the economy will be stronger in five years, down from 58% in July and 64% in March (10-09-09)
    • 62% oppose another stimulus
  • Gallup
    • Two-thirds (67%) believe it will be two or more years before recovery starts
    • 57% believe economy getting worse, while only 37% believe it’s improving
    • gallup consumer spending indexes continue downward trend

Gallup Daily Averages

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