A Dip in Economic Confidence

Gallup: Gallup’s Economic Confidence Index averaged -17 for the week ending April 27. This represents a slight drop from consistent index ratings of either -15 or -16 for the past four weeks.

Gallup Economic Confidence Index -- Weekly Averages for the Past 12 Months

Why the dip? “Gallup’s Economic Confidence Index is the average of two components: how Americans rate current economic conditions, and their views on whether the economy is getting better or worse.” This week, there was sharp drop in the economic outlook rating.

Gallup Economic Confidence Index -- Weekly Averages

 

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