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U.S. Economic Confidence Falls to Lowest Since January


Americans' economic outlook weakens more than ratings of current conditions

by Lydia Saad

PRINCETON, NJ -- 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.

Gallup Economic Confidence Index -- Weekly Averages

The latest weekly average is based on 3,421 national adults interviewed as part of Gallup Daily tracking from July 9-15. This represents the first full week of interviewing after the government's July 6 jobs report was issued, showing weak job growth in June.

Read more at gallup.com

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