Bearish Outlook Fuels Consumer Cutbacks
Nearly six-in-ten who say they are cutting back or delaying purchases report they are doing so because they worry things might get worse. Fewer than one in four say they are cutting back because their own financial situation has worsened. Lower fuel and food costs do not appear to have had a positive impact on the public so far.
Public Worried But Not Panicked About Economy
Americans are concerned about the nation’s economic problems and they register the lowest level of national satisfaction ever measured in a Pew survey. But there is little indication that the nation’s financial crisis has triggered public panic or despair.
Middle Class, By the Numbers
The plight of Middle Americans has been much invoked by candidates from both parties this election year. Who are these folk? Here’s a self-portrait painted in statistics.
Non-Citizen Immigrant Households Suffer Sharp Decline in Income, 2006-2007
The current economic slowdown has taken a far greater toll on households headed by non-citizens than it has on the U.S. population as a whole, according to a Pew Hispanic Center analysis of new Census data.
One-in-Five and Growing Fast: A Profile of Hispanic Public School Students
The number of Latino students in public schools nearly doubled from 1990 to 2006, accounting for 60% of the total growth in school enrollments. Projections now show there will be more school-age Hispanic children than school-age non-Hispanic white children by 2050.
America’s Four Middle Classes
The Top of the Class, the Satisfied Middle, the Anxious Middle and the Struggling Middle – what unites and divides the majority of Americans who call themselves “middle class.”
Gas Prices Pump Up Support for Drilling
Americans are giving higher priority to more energy exploration, rather than more conservation; concern about the environment fades as support for ANWR drilling rises.
Baby Boomers: The Gloomiest Generation
Today, in their early 40s to early 60s, boomers are more prosperous than any other age group. Their tastes still rule the world. Yet this privileged and pampered generation is the most downbeat in America.
Latino Labor Report, 2008: Construction Reverses Job Growth for Latinos
The slump in the construction industry has taken a heavy toll on Latino workers. From a historic low in late 2006, the unemployment rate for Latinos rose sharply in 2007 and currently stands well above the rate for non-Latinos. Immigrant Latino workers have been hit especially hard.
The Middle Class Blues: Pricey Neighborhoods, High Stress
When it comes to anxiety about family finances, an old truism applies: Where you stand depends on where you sit. Or, more precisely, on where your house or apartment sits.