US Economic Confidence Tumbles Back Into Negative Territory As “Hope” Fades

by Tyler Durden
ZeroHedge.com
02/24/2015

With economic data serially disappointing in 2015, it is probably not entirely surprising that Gallup’s U.S. Economic Confidence Index fell to an average of -2 last week (with the biggest drop since July). This is the first time the index has had a negative weekly average since late December. Both the current conditions and outlook sub-indices tumbled but it was the future ‘hope’ index that fell the most with more people now saying the future will be ‘poor’ than believe it will be ‘good’.

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