John Wolz
Fastener industry confidence in both the White House and U.S. Congress on business issues continued to slide in 2007.
The current administration started out at a 3.5 rating at the beginning of 2001. By the End of 2007 it rated 2.3 down even from an all-time low of 2.5 a year ago.
FIN Survey participants are asked to rate from 5 being “Very High” to 1 being “Very Low.”
A 54% majority graded the White House “Low” or “Very Low” compared with a total of 10.7% responding “High” or “Very High” and 27.4% rating the political confidence in the White House as “Moderate.”
At 2.0, Congress rated even lower than the White House. The high for Congress was 3.5 at the end of 2000, and at the end of 2006 it was 2.2.
This year a two-thirds majority (67.3%) rated Congress as “low” or “very low.” Only 2.7% rated Congress “high,” and just one respondent checked “very high.” \ �2008 FastenerNews.com
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