On October 6, 2015 Gallup released the poll results titled “U.S. Economic Confidence Index Flat in September.”
Notable excerpts include:
Gallup’s U.S. Economic Confidence Index averaged -14 for September, essentially the same as the -13 in August. From a broader perspective, the index has declined steadily since peaking at +3 in January.
Twenty-four percent of Americans rated the current economy as “excellent” or “good,” while 31% rated it as “poor.” This results in a current conditions score of -7.
Thirty-eight percent of Americans said the economy is “getting better,” while 58% said it is “getting worse.” This results in an economic outlook score of -20. The economic outlook score has trailed the current conditions score since March.
Here is an accompanying chart of the two components (Sub-Indexes) of the Gallup Economic Confidence Index, discussed above:
Here is an accompanying chart of the Gallup Economic Confidence Index:
The Special Note summarizes my overall thoughts about our economic situation
SPX at 1981.89 as this post is written