Gallup: U.S. Economic Confidence Index Edges Down to -15

WASHINGTON, D.C. — Americans’ confidence in the economy declined slightly last week, driven by their worsening views of the economy’s direction. Gallup’s U.S. Economic Confidence Index score for the week ending June 19 was -15, down from -12 the week before, but still roughly similar to readings since early April.

U.S. Economic Confidence Index -- Weekly Averages Since January 2015

Overall, confidence remains lower than it was in the first half of 2015, when plummeting gas prices boosted Americans’ confidence. Gallup’s U.S. Economic Confidence Index is averaging -12 so far in 2016, a drop from the average of -8 for 2015, but slightly better than the averages for 2014 (-15) and 2013 (-16). Confidence remains significantly higher than it was in the years during and immediately after the Great Recession, when it averaged -37 from 2008 to 2010.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s