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.
Depressed Economy Wallops States
With calendar 2008 nearing an end, Stateline.org’s annual state-by-state review of major accomplishments finds lawmakers girding for big spending cuts in 2009 and beyond.
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.
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.
Small Plurality Backs Bailout Plan
There is little partisan difference in views of the overall plan. Republicans, however, are less concerned about protecting homeowners although they are not particularly worried about excessive government involvement in the nation’s financial markets.
Most Approve of Wall Street Bailout and See Obama as Better Able to Address Crisis
With public interest in the economy at a 20-year high, by a margin of almost two-to-one Americans think the government is doing the right thing in investing billions of dollars to try to keep financial institutions and markets secure.
Tracking the Economic Slowdown
The slowing economy has replaced Iraq as the second most intensely covered story so far in 2008 according to a new study of media content. However, it still trails far behind the presidential campaign.
Inflation Staggers Public but Economy Still Seen As Fixable
Beyond widespread anxiety about energy costs, a growing number of Americans say it is difficult for them to afford food. Yet most are confident that even in an era of global economic interdependence the federal government is capable of fixing the economy
State Legislative Roundup: Sour Economy Limits Options In ’08
In a special to the Pew Research Center, Stateline.org provides its annual look at legislative accomplishments. It finds lawmakers shying away from major expansions of public health programs or preschool classes, short on highway funding and predicting even worse financial woes ahead.
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.