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

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.