Gallup’s U.S. Economic Confidence Index last week tipped into positive territory for the first time since before the Great Recession started in December 2007. The index averaged +2 for the week ending Dec. 28, a possible sign that Americans are feeling the accelerating economic recovery. CONT. Andrew Dugan, Gallup Read more »
U.S. consumer sentiment rises to best since 2007
U.S. consumer sentiment jumped in December to its highest level in nearly eight years on cheaper gasoline and better job and wage prospects, a survey released on Tuesday showed. CONT. Reuters Read more »
Economic Confidence Index at -5, Highest in 2014
Gallup’s U.S. Economic Confidence Index climbed to -5 for the week ending Dec. 21, up four points from the previous week. By one point, this is the highest index reading in 2014, and is two points shy of the post-recession high from 2013. CONT. Justin McCarthy, Gallup Read more »
Do Americans still think gas prices are too high?
Despite a recent drop in the price of gas, 45 percent of Americans still think the price is too high – but that is far below the 92 percent who thought so in 2012. Forty-nine percent now think the price is about right, according to a new CBS News poll. […] Read more »
A Jump in Economic Optimism, but Will It Last?
For the last couple of years we’ve been hearing the same story. While unemployment drops and the stock market rises, Americans’ views of the economy remain dour. Some Democrats argue that’s because the president and the party haven’t done a good enough job selling the economic recovery. Others point to […] Read more »
Standard of Living Ratings Improving in 2014
In line with a recent raft of good economic news — including robust gross domestic product growth in the third quarter and November’s strong jobs report — nearly six in 10 Americans said in November that their standard of living was getting better (58%). This is close to the highest […] Read more »