Economic Confidence Strong, but Below Recent High

The FINANCIAL — Gallup’s U.S. Economic Confidence Index remained firmly in positive territory at +11 for the week ending March 19. The score is in line with most weekly results since Americans’ economic attitudes improved in mid-November, but is five points below the index’s nine-year high reached two weeks ago. Gallup’s U.S. Economic Confidence Index is the average of two components: how Americans rate current economic conditions and whether they feel the economy is improving or getting worse. The index has a theoretical maximum of +100 if all Americans were to say the economy is doing well and improving, and a theoretical minimum of -100 if all were to say the economy is doing poorly and getting worse.

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Source: The Financial

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