(Gallup) U.S. Economic Confidence Ticks Down to -18

Gallup’s Economic Confidence Index is the average of two components: Americans’ views of current economic conditions and their opinions on whether the economy is getting better or worse. Last week, 18% of Americans said the economy was “excellent” or “good,” while 35% said the economy was “poor,” resulting in a current conditions index score of -17. Over the past four weeks, the current conditions index has fallen one point per week.

Meanwhile, 38% of Americans last week said the economy was “getting better,” and 57% said it was “getting worse.” This resulted in an economic outlook score of -19, down three points from the week before, but similar to several prior weeks.

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Posted in * Culture-Watch, * Economics, Politics, Consumer/consumer spending, Corporations/Corporate Life, Economy, Psychology, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government