Gallup’s Economic Confidence Index is the average of two components: how Americans rate the current economy and whether they feel the economy is “getting better” or “getting worse.” The index’s theoretical maximum is +100, if all Americans rated the economy as positive and improving, while the theoretical minimum is -100, if all Americans rated the economy as negative and getting worse.
Both components were level for the week ending Aug. 9. The current conditions component averaged -6, the result of 24% of Americans rating the economy as “excellent” or “good,” while 30% rated it “poor.” The economic outlook component averaged -18, as 39% of Americans said the economy is getting better while 57% said it is getting worse.
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(Gallup) Many more Americans say economy getting worse rather than better
Gallup’s Economic Confidence Index is the average of two components: how Americans rate the current economy and whether they feel the economy is “getting better” or “getting worse.” The index’s theoretical maximum is +100, if all Americans rated the economy as positive and improving, while the theoretical minimum is -100, if all Americans rated the economy as negative and getting worse.
Both components were level for the week ending Aug. 9. The current conditions component averaged -6, the result of 24% of Americans rating the economy as “excellent” or “good,” while 30% rated it “poor.” The economic outlook component averaged -18, as 39% of Americans said the economy is getting better while 57% said it is getting worse.
Read it all.