Economic Independence for the Internet Age

The American Wealth index (AWI) proposes a revolutionary method of gauging the strength of the alternative by measuring the state of the national economic condition by the level of wealth of various cities nationwide, with thousands/millions of participants involved by city. To involve as many participants as possible, the AWI will conduct research through the use of an e-mail marketing campaign. Since a large percentage of Americans have access to e-mail, the AWI is able to reach a much wider audience than the majority of other economic indexes. Hence, the AWI is capable of delivering more reliable economic data and analysis, and spurring more informed decision-making, combined with a faster response time to lower the lag factor found in any survey.

Sherman Oaks, CA (PRWEB) July 14, 2003 - The American Wealth Index (AWI) will revolutionize the method in which economic consumer sentiment is measured.

Current survey methods are slow, use small polling samples, and lack geographical diversification on a large scale. The American Wealth Index is Internet based and the business model is an open source platform using the concept of volunteers. The goal of the AWI is to eventually have survey results based on 25,000 or more participants with representation in every state in America. The AWI polls consumers on 10 easy-to-answer base questions and 2 questions relating to current events. The survey is conducted via e-mail and an online website. The data is then tabulated and results disseminated on a regional and national level to illustrate how different parts of the country feel about the American economy.

The American Wealth Index is an open source movement allowing for dynamic interaction with its participants, resulting in continuous survey improvement. This is another reason why the AWI promises to achieve a better understanding of the current economic state of the nation and help shape the face of the American economy.

Business leaders, top decision-makers, investors, economists, and politicians have long relied on various existing economic indexes to move billions of dollars worth of capital in US and world markets. Currently, one of the most relied on indexes sample from a polling of only 500 people. With an estimated US population of 291 million people, how can the sentiments of a few hundred accurately reflect the opinions of an entire nation? American Wealth Index founder, Ian Goldey, states, Consumer surveys are vital to our economy as they provide a type of pressure release valve of economic expectations, the time is right for this concept to be brought into the Internet age"

The American Wealth Index is a non-profit organization and is currently recruiting volunteers to join its open source movement.

Find out more about the American Wealth Index at www.AmericanWealthIndex.org.

Interview contact: Ian Goldey, American Wealth Index Founder

publicity@americanwealthindex.org

American Wealth Index

4570 Van Nuys Blvd #192

Sherman Oaks, CA 91403

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