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Strategic Research ■ Analytics ■ Modeling ■ Optimization
North American Economic TrendsConducted Via American Consumer Opinion® Online: 2000-2012
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Copyright © 2013 Decision Analyst
Page
Preface 3
Background 5
Countries Included in Report 6
Intellectual Property 7
North America Summary 8
Economic Index—Then and Now 9
Housing Purchase Plans 10
United States 11
Canada 20
Mexico 29
About Decision Analyst 38
Contact Decision Analyst 39
Table Of Contents
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North America Economic Trends: 2000-20121-817-640-6166 | www.decisionanalyst.com
Copyright © 2013 Decision Analyst
Decision Analyst Economic Index
Investment Optimism
Inflation Perceptions
Purchasing Outlook
Home Purchasing Outlook
Credit Limit
Job Availability
Graphs included in this report:
Objectives
The primary objective of this report is to present a high-level overview of important
economic trends in North America, as seen through the eyes of ordinary men and
women. This report will provide some perspective on the economies of the U.S.,
Canada, and Mexico, and what the future may portend. The data comes from Decision
Analyst’s Economic Index Survey from 2000 through the end of 2012.
Preface
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North America Economic Trends: 2000-20121-817-640-6166 | www.decisionanalyst.com
Copyright © 2013 Decision Analyst
Methodology
The Decision Analyst Economic Index Survey is conducted monthly via the Internet
among several thousand households balanced by gender, age, and geography. The
respondents are from Decision Analyst’s proprietary American Consumer Opinion®
panel, one of the world’s largest online panels with eight million members worldwide.
The monthly data is aggregated and reported by quarter in this report. The Economic
Index is reported monthly. The margin of error is less than three percentage points,
plus or minus, at a 95% confidence level for most of the percentages.
Preface
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North America Economic Trends: 2000-20121-817-640-6166 | www.decisionanalyst.com
Copyright © 2013 Decision Analyst
Economic Index
The survey results are inputs to an econometric model that produces the Economic
Index. The Economic Index tends to be a leading indicator by six to 12 months for
general economic activity in each country surveyed.
When the Decision Analyst Economic Index is greater than 110, it tends to signal an
expanding economy. An Index value of 90 to 110 suggests a no-growth or slow-growth
economy, and near or below 90 generally indicates economic contraction. However,
these guidelines vary by country.
Three-Month Moving Average
The Index numbers for Mexico are a three-month moving average to smooth month-to-
month fluctuations. The reported Index number averages the current month with the
two previous months.
Background
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North America Economic Trends: 2000-20121-817-640-6166 | www.decisionanalyst.com
Copyright © 2013 Decision Analyst
Countries Included in Report
The survey is conducted during the last 10 days of each month in the countries shown below. The time span for this report is from January 2000 through December 2012.
U.S.Total Sample: 440,820
Began: Q1 2000
MexicoTotal Sample: 26,856
Began: Q2 2003
Canada Total Sample: 94,493
Began: Q1 2000
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Copyright © 2013 Decision Analyst
Intellectual PropertyDecision Analyst is the sole owner of these survey results. Decision Analyst grants its clients the right to review and use these results in their businesses. However, these results cannot be published, reprinted, released to the media, or posted on any website without written permission from Decision Analyst.
©
Strategic Research ■ Analytics ■ Modeling ■ Optimization
North America Summary
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Copyright © 2013 Decision Analyst
*Three-Month Moving Average
United StatesApril 2003: 109
December 2012: 101
Mexico*April 2003: 96
December 2012: 95
Canada April 2003: 107
December 2012: 97
Economic Index: Then and Now April 2003 to December 2012
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Housing Purchase Plans
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
2%Build New Home3%
6%Buy existing or
pre-owned home
9%
9%Remodel Existing Home13%
Buy furniture23% 16%
Q4 2012Q2 2003
United States
6%Build New Home6%
4%Buy existing or
pre-owned home
4%
27%Remodel Existing Home22%
Buy furniture20% 27%
Q4 2012Q2 2003
Mexico
1%Build New Home3%
3%Buy existing or
pre-owned home
7%
14%Remodel Existing Home19%
Buy furniture26% 15%
Q4 2012Q2 2003
Canada
Strategic Research ■ Analytics ■ Modeling ■ Optimization
United States
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Copyright © 2013 Decision Analyst
59%14%
4%
24%
Employed full-time Employed part-time
Unemployed but looking Not employed outside the home
46%
14%10%
30%
United States Economic Summary
6%Believe jobs are plentiful and easy to find47%
39%Believe prices are increasing rapidly28%
27%Planning to take a vacation costing more than $100040%
January 2000:
125
December 2012:
101
Economic Index
Believe stocks and mutual funds will increase in value56% 23%
Q4 2012Q1 2000
Q1 2000
Economic Indicators
EmploymentQ4 2012
21%Do not own a credit card11%
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2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-1270
80
90
100
110
120
130
140
Month - Year
Ind
ex
LowJanuary &
February 2009: 85
HighMay & June 2000:
132
Economic Index United States
While the end of 2007 was the official start of the Great Recession, the economy never really recovered from the declines in 2000. The Index has been slowly and steadily increasing for the past four years, suggesting a very slowly expanding economy.
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Will increase in value Will stay about the same Will decrease in value
Investment Optimism: United States
Question: In your opinion, will stocks and mutual funds increase in value, or decrease in value, over the next six months? Stocks and mutual funds will increase in value; Stocks and mutual funds will stay about the same; or Stocks and mutual funds will decrease in value.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Increasing rapidly Increasing slowly Staying about the same or decreasing
Inflation Perceptions: United States
Question: In your opinion, are the prices you pay for goods and services…? Increasing rapidly; Increasing slowly; Staying about the same; Decreasing slowly, or Decreasing rapidly.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Take a vacation costing more than $1,000 Buy a new PC or computer equipment for home Buy a new car or truck
Purchasing Outlook: United States
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Buy new furniture for home Remodel your existing home Buy an existing or pre-owned home Buy a newly-built home
Home Purchasing Outlook: United States
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Very close to total credit limit Somewhat close to total credit limit Not close to total credit limit Do not own a credit card
Credit Limit: United States
Question: Thinking about all of your credit cards, how close are you to the total credit? Very close to total credit limit (the maximum amount you can charge); Somewhat close to total credit limit; Not close to total credit limit; or Do not own a credit card.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Jobs are plentiful and easy to find Jobs are available, but you have to search for them Jobs are scarce
Job Availability: United States
Question: Currently, how plentiful are jobs in your area? Jobs are plentiful and easy to find; Jobs are available, but you have to search for them; or Jobs are scarce.
Among Adults Aged 18+
Strategic Research ■ Analytics ■ Modeling ■ Optimization
Canada
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North America Economic Trends: 2000-20121-817-640-6166 | www.decisionanalyst.com
Copyright © 2013 Decision Analyst
18%
16%
48%
18%
Very close to credit limit Somewhat close to credit limit
Not close to credit limit Do not own a credit card
11%
12%
65%
11%
Canada Economic Summary
25%Believe jobs are scarce16%
38%Believe prices are increasing rapidly30%
17%Plan to purchase a new PC33%
January 2000:
117
December 2012:
97
Economic Index
Believe stocks and mutual funds will increase in value56% 20%
Q4 2012Q1 2000
Economic Indicators
Credit LimitQ1 2000 Q4 2012
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2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-1270
80
90
100
110
120
130
140
Month - Year
Ind
ex
Economic Index: Canada
Over the past four years, Canada’s Economic Index has gradually moved upwards. The trend of the Canadian Index suggests slow growth for 2013.
HighJanuary 2006: 126
LowJanuary &
February 2009: 88
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2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Will increase in value Will stay about the same Will decrease in value
Investment Optimism: Canada
Question: In your opinion, will stocks and mutual funds increase in value, or decrease in value, over the next six months? Stocks and mutual funds will increase in value; Stocks and mutual funds will stay about the same; or Stocks and mutual funds will decrease in value.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Increasing rapidly Increasing slowly Staying the same or decreasing
Inflation Perceptions: Canada
Question: In your opinion, are the prices you pay for goods and services…? Increasing rapidly; Increasing slowly; Staying about the same; Decreasing slowly; or Decreasing rapidly.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Take a vacation costing more than $1,000 Buy a new PC or computer equipment for home Buy a new car or truck
Purchasing Outlook: Canada
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
Among Adults Aged 18+
26
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Buy new furniture for home Remodel your existing home Buy an existing or pre-owned home Buy a newly-built home
Home Purchasing Outlook: Canada
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
Among Adults Aged 18+
27
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Very close to total credit limit Somewhat close to total credit limit Not close to total credit limit Do not own a credit card
Credit Limit: Canada
Question: Thinking about all of your credit cards, how close are you to the total credit? Very close to total credit limit (The maximum amount you can charge); Somewhat close to total credit limit; Not close to total credit limit; or Do not own a credit card.
Among Adults Aged 18+
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Jobs are plentiful and easy to find Jobs are available, but you have to search for them Jobs are scarce
Job Availability: Canada
Question: Currently, how plentiful are jobs in your area? Jobs are plentiful and easy to find; Jobs are available, but you have to search for them; or Jobs are scarce.
Among Adults Aged 18+
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Mexico
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20%
17%
18%
44%
Very close to credit limit Somewhat close to credit limit
Not close to credit limit Do not own a credit card
22%
25%28%
25%
Mexico Economic Summary
37%Believe jobs are scarce51%
64%Believe prices are increasing rapidly48%
27%Planning to remodel existing home22%
April 2003:
96December 2012:
95
Economic Index
Believe stocks and mutual funds will increase in value24% 28%
Q4 2012Q2 2003
Q2 2003
Economic Indicators
Credit LimitQ4 2012
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2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-1270
80
90
100
110
120
130
140
Month - Year
Ind
ex
Economic Index: Mexico
Despite growing problems related to drug-driven violence, Mexico’s economy appears to be closely tracking the U.S. economy. The Economic Index has trended slightly upwards for three years, hinting at slow growth in 2013.
LowOctober 2008: 75
HighNovember 2007:
108
LowAugust 2009: 75
*Three-Month Moving Average — The Index numbers for Mexico are a three-month moving average to smooth out month-to-month fluctuations. The reported Index number averages the current month with the two previous months.
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2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Will increase in value Will stay about the same Will decrease in value
Investment Optimism: Mexico
Question: In your opinion, will stocks and mutual funds increase in value, or decrease in value, over the next six months? Stocks and mutual funds will increase in value; Stocks and mutual funds will stay about the same; or Stocks and mutual funds will decrease in value.
Among Adults Aged 18+
33
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2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Increasing rapidly Increasing slowly Staying the same or decreasing
Inflation Perceptions: Mexico
Question: In your opinion, are the prices you pay for goods and services…? Increasing rapidly; Increasing slowly; Staying about the same; Decreasing slowly; or Decreasing rapidly.
Among Adults Aged 18+
34
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Take a vacation costing more than $1,000 Buy a new PC or computer equipment for home Buy a new car or truck
Purchasing Outlook: Mexico
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
Among Adults Aged 18+
35
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Buy new furniture for home Remodel your existing home Buy an existing or pre-owned home Buy a newly-built home
Home Purchasing Outlook: Mexico
Question: In the next 12 months, which of the following are you very likely to do? Take a vacation costing more than $1,000; Buy a new PC or computer equipment for home; Buy new furniture for home; Buy a new car or truck; Remodel your existing home; Buy an existing or pre-owned home, and/or Buy a newly built home.
Among Adults Aged 18+
36
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Very close to total credit limit Somewhat close to total credit limit Not close to total credit limit Do not own a credit card
Credit Limit: Mexico
Question: Thinking about all of your credit cards, how close are you to the total credit? Very close to total credit limit (The maximum amount you can charge); Somewhat close to total credit limit; Not close to total credit limit; or Do not own a credit card.
Among Adults Aged 18+
37
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Copyright © 2013 Decision Analyst
2000 2002 2004 2006 2008 2010 20122001 2005 2007 2009 20112003
0%
10%
20%
30%
40%
50%
60%
70%
80%
Jobs are plentiful and easy to find Jobs are available, but you have to search for them Jobs are scarce
Job Availability: Mexico
Question: Currently, how plentiful are jobs in your area? Jobs are plentiful and easy to find; Jobs are available, but you have to search for them; or Jobs are scarce.
Among Adults Aged 18+
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About Decision Analyst
Decision Analyst is a global marketing research and analytical consulting firm, serving a number of major corporations, advertising agencies, and consulting firms. The name, Decision Analyst, reflects the company's decision-oriented, analytical corporate philosophy.
The firm conducts multinational studies on an array of topics, spanning industries from packaged goods to high technology. The firm places great value on hard work, meeting deadlines, and staying within budgets. The focus of Decision Analyst’s efforts is decision-oriented marketing research and analytical consulting. Research must lead to decisions, to actions. The education and training of our staff reinforce this decision-analytical emphasis. Decision Analyst seeks the synergy inherent in combining qualitative research, quantitative research, secondary data, and advanced analytics (marketing science and operations research techniques), as required by the objectives of each research project.
Decision Analyst is a corporation chartered in the state of Texas in 1978; it is totally owned by its employees. Decision Analyst is an active member of the Council of American Survey Research Organizations (CASRO) and subscribes fully to the Code of Standards and Ethics for Survey Research specified by CASRO. Also, Decision Analyst subscribes to and supports the ethics and quality standards set forth by the Advertising Research Foundation, the American Marketing Association, the Marketing Research Association, the Marketing Science Institute, INFORMS (Institute of Operations Research and Management Science), and ESOMAR (The World Association of Opinion and Marketing Research Professionals).
Strategic Research ■ Analytics ■ Modeling ■ Optimization Copyright © 2013 Decision Analyst
Jerry W. ThomasPresident/CEO
Decision Analyst 604 Avenue H East, Arlington, Texas 76011
817.640.6166 ~ 1.800.ANALYSIShttp://www.decisionanalyst.com