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Gallup: U.S. economic confidence shows record drop

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Gallup/Jeffrey M. Jones

graphic image recession ahead sign on darkened road leading to city“Americans’ evaluations of the economy have abruptly turned negative amid the coronavirus pandemic. Gallup’s Economic Confidence Index is now -32, down from +22 in March. The 54-point drop is the largest one-month change in Gallup’s trend dating back to 1992 …”

USAGOLD note:  The fact that Americans are suddenly discouraged about the economy isn’t particularly newsworthy under current circumstances, but the size of the drop over the course of a single month is worth noting.  If you think the situation ominous apparently you are not alone.


Repost from 4-19-2020