November 21, 2009
Highest And Lowest Earners Both Hit By Recession
Everyone is cutting back spending.
We know that the economic damage of this recession is being felt across all business sectors and demographic groups. A recent Zogby Interactive survey provides a more detailed look at how people have been impacted. It shows how far the economy has fallen and gives clues to what it will look like when recovery is achieved.
This poll of 1,474 likely voters conducted on Feb. 23 and 24 (margin of error +/-2.6%) listed a number of possible effects the recession had in the past year on them or a member of their household. That makes our numbers larger than they would be for individuals but perhaps are a better gauge of how families are coping. Our questions had to do with things like job or income loss, inability to buy or make payments and where they had decreased spending.
Please click here to read the full article. (3/5/2009)