arkansas consumer confidence third quarter report
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Arkansas Consumer Confidence Third Quarter Report . The Arkansas Consumer Confidence Report is conducted by Talk Business and Hendrix College and is sponsored by Delta Trust & Bank and the Electric Cooperatives of Arkansas. - PowerPoint PPT PresentationTRANSCRIPT
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Arkansas Consumer Confidence Third Quarter Report
The Arkansas Consumer Confidence Report is conducted by Talk Business and Hendrix College and is sponsored by Delta Trust & Bank and the Electric Cooperatives of Arkansas.
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How would you describe your personal financial situation? Are you better off
financially, worse off or about the same as you were six months go?
Better Worse About the same0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
10%
42%
48%
11%
34.5%
54.5%
11.5%
47.5%
41%
1st Quarter 2nd Quarter 3rd Quarter
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Personal Financial SituationDemographics of Response by Age
Under 30 30-44 45-64 65+0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
34%
12% 8% 8%
29%
44%41% 42%
37%43% 51% 50%
Better Same Worse
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<$50K $50-75K $75-100K $100K +0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
10%16%
8%16%
34%
45%54%
59%
56%
39% 39%26%
Better Same Worse
Personal Financial SituationDemographics of Response by Income
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Now looking ahead…Do you think that in six months your personal financial situation will be
better off, worse off or about the same?
Better Worse About the same0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
13.5%
42.5% 44%
12%
38%
50%
16%
37%
47%
1st Quarter 2nd Quarter 3rd Quarter
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Under 30 30-44 45-63 65+0%
20%
40%
60%
80%
100%
37%
18% 15% 10%
32%
50%45% 52%
32% 32%40% 38%
Better Same Worse
Personal Financial Situation in 6 months
Demographics of Response by Age
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African
American
Asian Americ
anLati
noWhite
Other0%
10%
20%
30%
40%
50%
60%
42%
0%
44%
12% 10%
46%50%
44%48%
33%
12%
50%
11%
40%
57%
Better Same Worse
Personal Financial Situation in 6 months
Demographics of Response by Ethnicity/Race
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As a consumer, do you think you will spend more money or less money for
goods and services in the next six months?
More Less About the same0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
17%
50.5%
32.5%
41%
29% 30%
22%
47%
31%
1st Quarter 2nd Quarter 3rd Quarter
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Why will you spend more?(only 22% “spend more” answered)
Anticipate having more income
Think items will cost more in 6
months
Know of major purchases or
repairs
Other0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
16.5%
60.5%
14.5%8.5%
17%
59%
15%9%
2nd Quarter 3rd Quarter
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Why will you spend less?(only 47% “spend more” answered)
Plan to conserve money
Think items will cost less in 6
months
Recently made major purchse &
plan to spend less in future
Other0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0% 57.0%
4%9%
30%
55%
3%8%
34%
2nd Quarter 3rd Quarter
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How would you describe current job conditions where you live?
Plentiful Hard to find Don’t know0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
9%
76%
15%
6%
69.5%
24.5%
10.5%
74.5%
15%
1st Quarter 2nd Quarter 3rd Quarter
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Under 30 30-44 45-63 65+0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
27%11% 8% 8%
68%
75% 79%70%
5%14% 13%
22%
Plentiful Hard to Find Don't Know
Job AvailabilityDemographics of Response by Age
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In six months, do you expect job conditions to get better, worse or stay
the same?
Better Worse Stay the same0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
13%
45.5%41.5%
16.5%
37.5%
46%
15%
41%44%
1st Quarter 2nd Quarter 3rd Quarter
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In the last year, have you or someone you’re close to lost his or her job?
Yes No0%
10%
20%
30%
40%
50%
60%
70%
60%
40%
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Do you believe that offshoring has cost people in your community their jobs?
Yes No Don't know0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%63.5%
16%20.5%
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Turning to national business conditions as a whole – do you think that current
business conditions in the US are good, bad or normal?
Good Bad Normal0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
3%
80%
17%
5%
74.5%
20.5%
3.5%
80.5%
16%
1st Quarter 2nd Quarter 3rd Quarter
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Under 30 30-44 45-63 65+0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
10%3% 3% 2%
24%
14% 13% 20%
66%
83% 84%78%
Good Normal Bad
National Business ConditionsDemographics of Response by Age
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<$50K $50-75K $75-100K $100K +0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2% 3% 8% 4%
18% 12%14%
16%
80% 85%79% 80%
Good Normal Bad
National Business ConditionsDemographics of Response by Income
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Do you think that current business conditions in Arkansas are good, bad or
normal?
Good Bad Normal0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
9%
51%
40%
11%
49.5%
39.5%
10%
53.5%
36.5%
1st Quarter 2nd Quarter 3rd Quarter
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African
American
Asian Americ
anLati
noWhite
Other0%
10%
20%
30%
40%
50%
60%
14%
0%
22%
9% 10%
50% 50%
33% 35% 33%36%
50%
44%
56% 57%
Good Normal Bad
Arkansas Business ConditionsDemographics of Response by
Ethnicity/Race
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Under 30 30-44 45-63 65+0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
17% 13% 9% 7%
37%
30%31%
50%
46%57% 60%
44%
Good Normal Bad
Arkansas Business ConditionsDemographics of Response by Age
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<$50K $50-75K $75-100K $100K +0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
8% 8%15%
22%
35% 37%35%
45%
57% 55% 50%
33%
Good Normal Bad
Arkansas Business ConditionsDemographics of Response by Income
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Leading Economic Indicators (LEI)
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Retail and Food Services Sales Percent Change From A Year Ago
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Light Weight Vehicle Sales: Autos & Light Trucks
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Total Nonfarm Job Openings
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Civilian Unemployment Rate Percentages Post WWII