Economic Confidence Hits Four-Year High of ... Negative-16!

More

Happy-ish news: Gallup's Economic Confidence Index broke through the glass ceiling of negative-17 for the first time in its four-year history of daily tracking.

The index can go as high as 100, if all respondents say the economy is strong and improving, or as low as negative-100, if everybody says things are bad and getting worse. Its lowest-ever score was 65 below zero, back in late 2008. Its highest ever came this this morning.

Today, 52% of Americans think things are getting worse, and only 15% describe conditions as "excellent" or "good." Ladies and gentlemen: all-time record economic optimism.

Screen Shot 2012-05-22 at 10.06.50 AM.png

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

What Do You See When You Look in the Mirror?

In a series of candid video interviews, women talk about self-image, self-judgment, and what it means to love their bodies


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.

Video

What Makes a Story Great?

The storytellers behind House of CardsandThis American Life reflect on the creative process.

Video

Tracing Sriracha's Origin to Thailand

Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.

Video

Where Confiscated Wildlife Ends Up

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down

More in Business

Just In