Optimism about the direction of the national economy took its steepest tumble in nearly 13 years in the latest Consumer Comfort survey, with the number of Americans who say the economy is improving falling by 11 percentage points from mid-August to mid-September.
Twenty-seven percent say the economy is getting better, down from 38 percent last month in its largest one-month decline since October 2008. Forty percent see a worsening economy, up 7 points to the most since January. The rest, 33 percent, think it’s staying about the same. It’s the first time since March that more people have said the economy is getting worse rather than improving. CONTINUED
Langer Research Associates