Gallup: U.S. Economic Confidence Falls to Lowest Since January
Remember Obama’s famous words. The private sector is doing fine. And you didn’t build your small business yourself! Government is responsible for any success you had. U.S. economic confidence has been on a downward swing since mid-May.
Gallup’s U.S. Economic Confidence Index averaged -27 for the week ending July 15, down four points from -23 each of the prior two weeks. This extends a gradual decline in confidence that has been underway since late May, when the index was at a four-year best of -16. The index was nearly this low a month ago — at -26 in mid-June — and now stands at the lowest weekly average since late January of this year.
