Mini Poll Summary for Dec. 2009 on the question, "How long do you believe this recession will last?"

The final results for the 2009 Mini Poll are done and now tabulated. So first, here's the question asked: "How long do you believe this recession will last?" For the month of December there were 33% that see it will be much longer than 2012 and another 33% who believe we are going to be in a Depression. There were 13% who believe it is over now at yearend 2009, and various smaller percentages for 2010, 2011 and 2012 to make up to 100%.

These numbers are interesting because this voting took place during the month people do their Christmas shopping. While the sample size of the vote was only 24, it was interesting how gloomy many see the future.

Mini Poll Summary for the month of September: How long will the recession last?

Below is a summary of the Mini Poll data for September as compared to December, January, February, March, April, May,,June, July, August.

First the question.
How long do you believe this recession will last?

Data for December, then January, February, March, April, May, June, July, August and September:
Mid 2009 4%, 17%, 10%, 12%, 4%, 7%, 3%, 2%, - (Date passed)
End 2009 35%, 25%, 24%, 21%, 25%, 11%, 6%, 14%, 9%, 11%
Mid 2010 15%, 13%, 12%, 3%, 33%, 19%, 14%, 7%, 9%, 8%
End 2010 15%, 10%, 4%, 18%, 15%, 15%, 9%, 12%, 7%, 11%
Mid 2011 12%, 17%, 10%, 3%, 4%, 4%, 6%, 2%, 2%, 6%
End 2011 8%, 0%, 10%, 3%, 4%, 4%, 6%, 7%, 0%, 6%
Mid 2012 0%, 0%, 2%, 3%, 2%, 7%, 0%, 0%, 0%, 8%
End 2012 0%, 0%, 2%, 0%, 0%, 19%, 29%, 33%, 46% 3%
Much Longer than the choices you have provided 0%, 0%, 10%, 12%, 0%, 11%, 14%, 12%, 11%, 39%
We are going to be in a Depression 12%, 19%, 18%, 24%, 13%, 4%, 14%, 10%, 18%, 8%

If I summarize by Year:
2009 39%, 42%, 34%, 33%, 29%, 18%, 9%, 16%, 9%, 11%
2010 30%, 23%, 16%, 21%, 48%, 34%, 23%, 19%, 16%, 19%
2011 20%, 17%, 20%, 6%, 8%, 8%, 12%, 9%, 2%, 12%
2012 0%, 0%, 4%, 3%, 2%, 26%, 29%, 33%, 46%, 11%
Much Longer than the choices you have provided 0%, 0%, 10%, 12%, 0%, 11%, 14%, 12%, 11%, 39%
Depression 12%, 19%, 18%, 24%, 13%, 4%, 14%, 10%, 18%, 8%

Sample size for December was 26, for January 48 votes, for February 51 votes, for March 39 votes, for April 48 votes, for May 27 votes, June 35 votes, for July 42 votes, for August 57 votes and for September 36 votes.

It looks as though the biggest change, which coincides with lower Consumer Confidence numbers for September, was that the majority now see that the recession will last Much longer than the choices I have provided!

As I said the last several month, as Unemployment increases so does despair! We get September Unemployment numbers and they came in at 9.8%. Last month came in at 9.7%. Feel free to click on my comments button below this post and add some personal examples to what you see daily that has you thinking how the economy is doing. Thanks for voting.

Mini Poll summary for the month of August: How long will the recession last?

Below is a summary of the Mini Poll data for August as compared to December, January, February, March, April, May,,June, July.

First the question.
How long do you believe this recession will last?

Data for December, then January, February, March, April, May, June, July and August:
Mid 2009 4%, 17%, 10%, 12%, 4%, 7%, 3%, 2%, - (Date passed)
End 2009 35%, 25%, 24%, 21%, 25%, 11%, 6%, 14%, 9%
Mid 2010 15%, 13%, 12%, 3%, 33%, 19%, 14%, 7%, 9%
End 2010 15%, 10%, 4%, 18%, 15%, 15%, 9%, 12%, 7%
Mid 2011 12%, 17%, 10%, 3%, 4%, 4%, 6%, 2%, 2%
End 2011 8%, 0%, 10%, 3%, 4%, 4%, 6%, 7%, 0%
Mid 2012 0%, 0%, 2%, 3%, 2%, 7%, 0%, 0%, 0%
End 2012 0%, 0%, 2%, 0%, 0%, 19%, 29%, 33%, 46%
Much Longer than the choices you have provided 0%, 0%, 10%, 12%, 0%, 11%, 14%, 12%, 11%
We are going to be in a Depression 12%, 19%, 18%, 24%, 13%, 4%, 14%, 10%, 18%

If I summarize by Year:
2009 39%, 42%, 34%, 33%, 29%, 18%, 9%, 16%, 9%
2010 30%, 23%, 16%, 21%, 48%, 34%, 23%, 19%, 16%
2011 20%, 17%, 20%, 6%, 8%, 8%, 12%, 9%, 2%
2012 0%, 0%, 4%, 3%, 2%, 26%, 29%, 33%, 46%
Depression 12%, 19%, 18%, 24%, 13%, 4%, 14%, 10%, 18%

Sample size for December was 26, for January 48 votes, for February 51 votes, for March 39 votes, for April 48 votes, for May 27 votes, June 35 votes, for July 42 votes and for August 57 votes.

Again, the major change seems to be the change in the year 2012. This validates the Consumer Confidence numbers as for June they dropped from 54.8 in May to a 49.3, then 46.6 in July and August's number while higher is still relatively too low for an economic recovery at 54.1. That's a 3 Month drop in Consumer Confidence at a time when Retailers are deciding what to order for Christmas from Manufacturers. It does not bode well for the holiday season this year for Retailers and the recovery.

As I said last month, as Unemployment increases so does despair! This Friday we get August Unemployment numbers and might get that 10% shock number as last month came in at 9.7%. Feel free to click on my comments button below this post and add some personal examples to what you see daily that has you thinking how the economy is doing. Thanks for voting.