(Gallup) U.S. Weekly Economic Confidence Index in Doldrums at -17

Gallup’s U.S. Economic Confidence Index remained at -17 in the first week of September, the same score as in the last week of August. For the sixth week in a row, index readings have not strayed from a narrow range of -15 to -17.

After the index took a tumble in late July, dropping briefly to -21 — the lowest weekly reading it has seen in 2014 so far — it recovered quickly, climbing to -15 in the week ending Aug. 3, and has held near that level since. For the year to date, the weekly index has averaged -16.

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