PRINCETON, NJ -- Gallup's U.S. Economic Confidence Index averaged -27 for the week ending July 15, down four points from -23 each of the prior two weeks. This extends a gradual decline in confidence that has been underway since late May, when the index was at a four-year best of -16. The index was nearly this low a month ago -- at -26 in mid-June -- and now stands at the lowest weekly average since late January of this year.
Tuesday, July 17, 2012
Wonder who the first MSM imbecile to state that this was "unexpected" will be.
Posted by traderrob at 2:30 PM