Presidential Report Card
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The document provides a summary of a March 2011 survey of 5,224 respondents about their opinions on President Obama's performance. It includes the following key points: - Respondents gave Obama higher grades for healthcare but lower grades for job creation over the past year. - National security appears to be a stronger subject for Obama than immigration. - When broken down by party, Democrats gave Obama higher grades than Republicans on all major issues, with average grades between 1 and 2 on a 4-point scale.
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- In June, practicality when spending and focus on needs declined slightly from May, tracking near 13-month averages.
Consumer Snapshot - May 2016
Consumer sentiment declined in May, with 43.7% of Americans confident in the economy, down nearly 3 points from April and 2 points below the 13-month average. As confidence decreased, consumers became more practical in purchases, with 39.6% focusing only on needs. While savings sentiment has improved since the recession across all incomes, over 1/3 of Americans still feel financially insecure, reaching nearly 50% for lower-income households.
Consumer Snapshot - April 2016
- Consumer confidence declined slightly in April according to a Prosper Insights & Analytics survey, with 46.4% feeling confident or very confident in the economy compared to 49% in March.
- Younger consumers aged 18-34 expressed the highest confidence but were also the most likely to report becoming more practical in purchases. Those aged 55+ expressed the lowest confidence and greatest concerns about political issues and personal safety.
- As confidence declined, consumers focused more on needs over wants and became more practical in purchases, signaling continued economic uncertainty.
Consumer Snapshot - March 2016
- Consumer confidence rallied in March after declining for three consecutive months, with 47.4% feeling confident or very confident about the economy. However, this is still below the year-ago level and 13-month average.
- Practical purchase intentions remained stable despite shifting economic sentiment, with 35.7% becoming more practical in purchases and 40.5% focusing on needs over wants.
- Most consumers (40.6%) maintain credit card balances between $1,000-2,500, while 30.7% report having no balance. Average monthly household credit card debt is below the five-year average.
Consumer Snapshot - February 2016
Consumer confidence declined slightly in February according to a survey by Prosper Insights & Analytics. The percentage of adults who are confident or very confident in the economy fell to 42.0%, down from 49.0% in February 2015. While consumers feel more positive about their savings than following the recession, the percentage who feel better off financially has plateaued just under 30% recently. In February, consumers indicated that paying down debt and increasing savings would be priorities over the next three months.
Consumer Snapshot - January 2016
Consumer confidence dropped nearly 4 points in January 2016 to 42.5%, the lowest level in 13 months. While consumers remain focused on practical purchases, their emphasis on needs over wants when spending increased. Fewer consumers are optimistic about the economy rebounding, down 5% year-over-year to 35.4%, and nearly 39% are unsure if/when an economic recovery will occur. Most consumers indicate the economic crisis will impact their lifestyles over the next 5 years by sticking to budgets, being more price conscious, and spending less on dining out and credit card debt.
Consumer Snapshot - November 2015
Consumer confidence rebounded in November, rising 3 points from October to 47.5%. While confidence and holiday spending plans were up slightly from last year, consumers remained practical in their purchasing and focused on needs over wants. On average, US holiday shoppers plan to spend $806 on gifts and holiday items, flat compared to last year, but when including self-gifting, total planned holiday spending is $937, up 4.1% from 2014. Generations X and Baby Boomers currently account for 65% of the $138 billion in total planned holiday gift spending.
Consumer Snapshot - October 2015
The document summarizes consumer sentiment and spending trends for October 2015. Consumer confidence remained steady from September but below the 13-month average. More consumers expect layoffs in the coming months. In response, consumers are focusing more on necessities and practical purchases. For Halloween, celebrants plan to spend slightly less than last year on costumes, candy, decorations and cards. Younger consumers are more likely to dress up and draw costume ideas from various social media sources.
Consumer Snapshot September 2015
- Consumer confidence declined 2 points to 44.9% in September, a new low for the year due to stock market volatility. While slightly above the 13-month low, sentiment remains below the 13-month average.
- Despite declining confidence, practicality in purchases also decreased for the second straight month in September. Focus on necessities also declined from August and was down 10% from September 2014.
- Preliminary holiday spending plans show those planning to spend more on gifts remained flat year-over-year, while fewer plan to spend less, suggesting total gift spending may be around $600 billion.
Consumer Snapshot August 2015
Consumer sentiment rebounded slightly in August according to a Prosper Insights & Analytics report. Sentiment rose 2 points from July's low to 47.2% of consumers being very or somewhat confident in the economy. While an improvement over July, this is still below the 2015 average of 48.6%. Practical purchasing attitudes eased slightly from July but remain below last August's levels. Planned back-to-school spending is estimated at $68 billion for 2015, down 6% from last year, while back-to-college spending is forecast to decline only 2%.
Consumer Snapshot July 2015
- Consumer confidence dropped 4 points month-over-month to 45.2% in July 2015, the lowest level for the year but still above levels from late 2014.
- As confidence decreased, consumers became more practical and focused on needs over wants in their purchasing. The proportion saying they had become more practical spiked to 51.7% in July.
- The outlook for economic recovery was unchanged from a year ago, with about a third positive it would rebound, some more unsure, and declining numbers feeling less wealthy than the previous year.
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Presidential Report Card
- 1. Special Report: Presidential Report Card American Pulse™, Mar-2011 5,224 respondents participated in the 1st March American Pulse conducted 2/28-3/2/2011. Margin of error is +/- 1.4%. BIGresearch® 450 W. Wilson Bridge Rd. Suite 370 Worthington, OH 43085 Ph: 614-846-0146 © 2011, Prosper®
- 2. How do you think President Obama is doing? Each month, we ask Americans to grade the president on how well he is handling a variety of issues. Source: American Pulse™, Mar-2011, N=5224 © 2011, Prosper®
- 3. In the past year, Obama Scored more As and Bs for Healthcare, Fewer for Job Creation Source: American Pulse™, Mar-2011, N=5224 © 2011, Prosper®
- 4. National Security Appears to Be a Stronger Subject for the President, Immigration a Weak One Source: American Pulse™, Mar-2011, N=5224 © 2011, Prosper®
- 5. President Obama’s Report Card by Party: On a 5-point scale, with 0 meaning “F Failure” and 4 meaning “A Excellent,” President Obama scores between 1 and 2 among registered voters on all major issues. Naturally, Registered Democrats award higher grades to the president’s efforts compared to Republicans. Source: American Pulse™, Mar-2011, N=5224 © 2011, Prosper®
- 6. Contact For media inquiries:Chrissy Wissinger, Communications Manager biginfo@bigresearch.com Randi Honkonen, Analyst randi@bigresearch.com 614-846-0146 Disclaimer BIGresearch® is a registered trademark of Prosper Business Development Corp. Services are delivered by Prosper and/or a Prosper affiliated company (“Prosper”). Prosper makes no warranties, either expressed or implied, concerning: data gathered or obtained from any source; the present or future methodology employed in producing BIGresearch® statistics; or the BIGresearch® data and estimates represent only the opinion of Prosper and reliance thereon and use thereof shall be at the user’s own risk.
Editor's Notes
- Try by letter and P/F – maybe two slides?