Americans are the most confident they have been in the economy since May. U.S. economic confidence is at -25 in the week ending Jan. 22. This is improved from -29 the prior week and is the best since May 2011, according to a Gallup report released today. The Gallup Economic Confidence Index is an average of two components: Americans’ ratings of current economic conditions and their outlook for the economy. Gallup says Americans have grown steadily more positive about current economic conditions in the past few weeks. They are also now more positive about the future direction of the economy than they were three weeks ago.
