Economic confidence slips for first time since last fall: Gallup ...Middle East

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Economic confidence slips for first time since last fall: Gallup
Americans’ confidence in the economy has dropped nine points since last month, the first time it has slipped since the fall, a survey by Gallup found. The Gallup Economic Confidence Index, which summarizes the public’s view on the current economic conditions, is at -29 for April, behind -20 for March. The index has a theoretical range of +100, if all people rate current economic conditions as good, or -100, if all people rate the economy as poor. Twenty-four percent of U.S. adults say the current economic conditions are “excellent” or “good,” while 32 percent say they are “only fair.” Forty-four percent rate the economic conditions as “poor,” Gallup reported. The share of peop

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