Gallup: Economic Confidence Index averaged +6 in 2017, first positive annual average since 2008

Americans' views of the U.S. economy were positive on balance in 2017, with Gallup's U.S. Economic Confidence Index averaging +6 for the year. This was a 16-point increase from -10 in 2016 and is the index's first positive annual average since Gallup began daily tracking of this measure in 2008.

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Gallup: Economic Confidence Index leaps 7 points in latest survey

Americans' confidence in the economy spiked last week, with Gallup's U.S. Economic Confidence Index averaging +11 for the week ending Nov. 26 -- an increase of seven points from the previous reading of +4.

Last week's gain in economic confidence was more than twice as large as the average gain. This may be a result of the improving economy which, in turn, has allowed more Americans to have the resources to enjoy the holiday week by traveling or shopping. To that point, AAA estimated that the highest number of Americans traveled this past Thanksgiving week since 2005.

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Gallup: U.S. Economic Confidence Index holds at highest level since mid-August

Americans' confidence in the economy was steady last week, holding at the highest level since mid-August and one of the highest levels in the past nine years. Gallup's U.S. Economic Confidence Index averaged +7 for the week ending Nov. 12.

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Gallup's U.S. Economic Confidence Index unchanged in October at +3

Americans' confidence in the U.S. economy tilted slightly positive in October, with Gallup's U.S. Economic Confidence Index at +3 for the month. Though the index's current reading is on the low end of what Gallup has measured for 2017 so far, it remains well above the mostly negative ratings recorded from 2008 to 2016.

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Gallup Economic Confidence Index dipped to +4 in September

Confidence in the economy declined slightly to plus 4 in September, down from August's plus 6. While the ECI climbed past the plus 10 mark in January, September's score of plus 4 represents a continuation of economic attitudes that have held since May, apart from a brief increase in early August after the Dow hit 22,000.

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Gallup: U.S. Confidence Index rose by two points to +6 in August

Americans' confidence in the U.S. economy varied in August but was not remarkably different from economic attitudes in July. Gallup's U.S. Economic Confidence Index was +6 in August, just slightly higher than the +4 recorded in July.

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Gallup: Economic Confidence Index steady in July at +4, in positive territory for nine straight months

Americans' confidence in the economy was steady last month, with Gallup's U.S. Economic Confidence Index averaging +4 in July. This score is nearly identical to the 2017 low of +3 registered in May and June. Still, July marked the ninth consecutive month that Americans rated the economy more positively than negatively -- the longest such streak since Gallup began tracking economic confidence in 2008.

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Gallup: U.S. Economic Confidence Index slightly more positive than negative

Americans continue to evaluate the economy slightly more positively than negatively, with Gallup's U.S. Economic Confidence Index averaging +4 last week. Since late March, Americans' assessments of the economy have been largely stable, with weekly averages of Gallup's U.S. Economic Confidence Index typically ranging between +3 and +5. Though Americans remain optimistic about the state of the economy, this sentiment is not as strong as it was in the weeks just before and after Donald Trump's presidential inauguration, when the index hit +10 or higher several times.

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U.S. Economic Confidence Index fell to six-month low in May, but still well into positive territory

Though still historically high, Americans' confidence in the economy fell to a six-month low in May, largely dragged down by Democrats' worsening economic attitudes. Gallup's U.S. Economic Confidence Index averaged a score of +3 in May, down slightly from April (+5) but eight points below January's record monthly high (+11).

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Gallup's Economic Confidence Index dipped to +5 in April, but positive streak continued

Gallup's U.S. Economic Confidence Index averaged +5 in April, down four points from March's average. Despite the dip, confidence has been in positive territory for six consecutive months -- the longest such streak in the past nine years.

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