Gallup: U.S. Economic Confidence Remains Positive After Election

Gallup’s U.S. Economic Confidence Index was +4 for the week ending Nov. 20, the first full week of interviewing after the Nov. 8 presidential election. This is the first positive weekly reading in more than a year and a half.

Gallup's U.S. Economic Confidence Index

 

Last week, Gallup reported an improvement in Americans’ views of the economy in the first few days after the presidential election. This moved the weekly average from -11 in the last full week before the election to 0 for the week of Nov. 7-13, which included both pre-election and post-election interviewing.

Twenty-nine percent of Americans rated the economy as “excellent” or “good” last week, while 23% said it was “poor,” resulting in a current conditions index of +6. That is up from a score of 0 the week before the election and one point shy of the high of +7 recorded in January 2008.

The economic outlook component experienced an even greater improvement. For the week ending Nov. 20, this component edged into positive territory at +1, compared with -5 one week earlier and -21 the week before the election. The latest score is the result of 47% of Americans saying economic conditions in the country are “getting better” and 46% saying they are “getting worse.”

Read more at Gallup: U.S. Economic Confidence Remains Positive After Election | Gallup