For Immediate Release: December 12, 2002
Contact: press@decisionanalyst.com
Three-Quarters Of Americans Believe Prices Rising,According To A Survey By American Consumer Opinion®
ARLINGTON, Texas – As the Christmas shopping season draws near, more than three-quarters of Americans
believe goods and services are rising in cost, according to a fall Internet
study by American Consumer Opinion®, a leading international marketing research
firm.
A considerably higher percentage of Americans than last year
believe prices are rising. In American Consumer Opinion®’s economic tracking
study during November 2001, 14% of respondents said prices were increasing
rapidly, while 41% said they were rising slowly. In November of this year, 19%
of respondents said prices were rising rapidly and 56% believed they were
rising slowly.
|
Percent Of General Public Opinion Of Prices
|
| |
November 2001
|
November 2002
|
|
Increasing Rapidly
|
14%
|
19%
|
|
Increasing Slowly
|
41
|
56
|
|
Staying About the Same
|
35
|
22
|
|
Decreasing Slowly
|
9
|
3
|
|
Decreasing Rapidly
|
1
|
0
|
When looking at the information by age, the
younger a respondent is, the less likely they are to say that prices are
increasing rapidly.While the older a
respondent is, the more likely they are to report that prices for goods and
services are increasing rapidly.The
statistics are shown below.
|
Percent of General Public Opinion Of Prices
By Age
|
|
|
18 to 24
|
25 to 34
|
35 to 44
|
45 to 54
|
55 and over
|
|
Increasing Rapidly
|
10%
|
13%
|
25
|
24
|
28
|
|
Increasing Slowly
|
59
|
57
|
51
|
56
|
56
|
|
Staying About the Same
|
27
|
27
|
21
|
18
|
15
|
|
Decreasing Slowly
|
4
|
3
|
3
|
1
|
1
|
|
Decreasing Rapidly
|
0
|
0
|
0
|
0
|
0
|
American Consumer Opinion® is owned by Decision Analyst, Inc. For more information contact
Cristi Allen via email (callen@decisionanalyst.com)
or phone (1.800.262.5974)
|
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