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Nov232010

Gallup: American Confidence in Economy Up So Far in November

Photo Courtesy - Getty Images(PRINCETON, NJ) – Americans are more optimistic about the economy than they were a year ago, according to Gallup’s Economic Confidence Index.

The index, which is derived from consumer ratings of the current economic situation and economic outlook, is up to -26 from -29 in October. However, the current figure is actually a decline from a midterm election surge that brought the figure to -22.
 
The optimism may stick around as the percent of Americans who view the economy as “getting worse” also declined, down to 57 percent from 60 percent in October.

Copyright 2010 ABC News Radio

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