Connect with us
Pawleys Best Burger

Biz

Gallup: Economic Confidence Down

Published

on

BUT ISN’T “EVERYTHING AWESOME?”

|| By FITSNEWS || Americans apparently aren’t buying the “everything is awesome” spin on our, um, “recovering” economy …

According to the latest data from Gallup, its weekly U.S. economic confidence index remained stuck at an eight-week low of -11.

Take a look …

gallup

Meanwhile the survey’s “economic outlook score” remained stuck at -16, with 56 percent of respondents saying the economy was “getting worse” compared to 40 percent who said it was “improving.”

Here’s that chart …

gallup 2

Gallup’s index averages two components: How citizens view the economy today and whether they believe it is improving or getting worse.

“The index has a theoretical maximum of +100, if all Americans rate the economy as excellent or good and improving; and a theoretical minimum of -100, if all Americans rate the economy as poor and getting worse,” Gallup notes.

The index hasn’t topped zero since March …

***

Comments