American Economic Confidence Has Collapsed In The Past Three Days

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, October 3, 2013 American Economic Confidence Has Collapsed In The Past Three Days It looks like the government shutdown is finally taking its toll on consumer confidence. Gallup's daily economic confidence index fell 5 points to -32 today, hitting its lowest level since August 2012. The index recently climbed as high as 3 on May 29, but has been falling ever since. In the rolling three-day period between September 30 and October 2, 17% percent of respondents to the poll described U.S. economic conditions as "excellent/good" (down one percentage point from the day before) while 38% described conditions as "poor" (up one percentage point from the day before). Meanwhile, 37% of respondents described the economic outlook as "getting better" (down one percentage point from the day before) whereas 59% described the outlook as "getting worse" (up one percentage point from the day before). Read » Also On Markets Today: Tons Of People Are Leaving Puerto Rico Because Its Economy Stinks Three Keys to China: Advertisement The 10 Stealth Economic Trends That Rule The World A Typo Temporarily Added $13 Billion To Spain's Already Massive Load Of Debt A Look Back At 8 Crazy Octobers For The Stock Market [CHARTS] Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Markets RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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