U.S. Economic Confidence Plunges in October

Americans’ confidence in the U.S. economy sank for the month of October amid the partial U.S. government shutdown and partisan bickering over the federal debt limit. For the entire month, Gallup’s Economic Confidence Index was down 16 points, the sharpest monthly drop since Gallup began tracking economic confidence daily in 2008. Confidence improved after leaders in Washington reached a deal to end the shutdown, but it has not yet recovered to pre-shutdown levels. CONT.

Alyssa Brown, Gallup