Wednesday, July 18, 2012

The American Research Group has interesting Household Surveys.

There is a big difference in the way Americans are viewing their Household Financial Situation; much better than a year ago.

...When it comes to rating their household financial situations,(click title to entry - thank you) 63% of Americans give an excellent, very good, or good rating and 36% give a bad, very bad, or terrible rating.

Among those saying they approve of the way Obama is handling his job, 80% say excellent, very good, or good and 19% say bad, very bad, or terrible. Among those saying they disapprove of the way Obama is handling his job, 41% say very good, or good and 58% say bad, very bad, or terrible....



Household financial situation
Excellent
Very good
Good
Bad
Very bad
Terrible
Undecided
Jun 201210%15%38%25%8%3%1%
May 20129%16%43%19%6%6%1%
Apr 201210%14%41%24%7%4%-
Mar 20126%16%52%15%5%5%1%
Feb 20126%16%37%28%7%5%1%
Jan 201210%15%40%22%8%4%1%
Dec 20113%19%45%23%3%6%1%
Nov 20116%15%44%22%9%3%1%
Oct 201111%15%32%22%7%12%1%
Sep 201110%13%48%24%1%3%1%
Aug 20111%16%50%23%6%3%1%
Jul 20117%17%47%21%4%3%1%
Jun 20114%14%45%25%8%3%1%




There is a consistent change over the last three months compared to one year ago. I find that interesting. The most remarkable change in this survey actually sees their Household Financial Situation as Excellent. A year ago that comfort level was at 4%, in June 2012 it rose to 10% but has not fluctuated much at all over the past three months.


It is a smaller sample size, but, that smaller size is consistent over the year. The methodology to the American Research Group doesn't really change, so their reporting even though it appears to be an outliar, is consistent. I still find it interesting.


The greatest fluctuation exists between the "Good and Bad" ratings, but,that makes sense. There will be more dynamics at those levels. But, the approval rating is shifting up to Excellent. 


Interesting.