Confidence In Economy Nears Four Year High

According to the most recent results of Gallup’s U.S. Economic Confidence Index, Americans’ confidence in the economy is nearing a four-year high. The index is based on a survey of 3,000 individuals and gauges Americans’ perception of the current economy and whether it is getting better or worse. Recent measurements have been among the most positive since Gallup began daily tracking of economic confidence in 2008. Among respondents, 15 percent rated economic conditions as excellent or good. And though the number that rate the economy as poor was 40 percent, the reading was the least negative since September 2008. Also, 42 percent of Americans say the economy is getting better and 54 say it’s getting worse. That is slightly down from a few weeks ago but still among the most positive responses measured in the past four years. More here.

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