Investing

Consumer Confidence Plunges

Gallup’s Economic Confidence Index fell to -34 last week, the lowest weekly average since last July. At the same time, Gallup’s Job Creation Index remains relatively positive.

That means that Americans believe that the economy is at or near recession levels.

The research firm added that its weekly confidence index fell as well.

The worst recession in eighty years may be over for economists. For the common man, the story is different

Douglas A. McIntyre

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