{"id":1143925,"date":"2021-12-22T21:34:33","date_gmt":"2021-12-23T02:34:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1143925"},"modified":"2021-12-22T21:34:36","modified_gmt":"2021-12-23T02:34:36","slug":"poll-economic-confidence-index-worst-since-the-great-recession","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/poll-economic-confidence-index-worst-since-the-great-recession\/","title":{"rendered":"Poll: Economic Confidence Index \u2018Worst Since the Great Recession\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpoll-economic-confidence-index-worst-since-the-great-recession%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1143925&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/12\/GettyImages-1230293639-640x335-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p class=\"subheading\">Americans\u2019 confidence in the economy is the \u201cworst since the Great Recession,\u201d according to a Gallup poll <a href=\"https:\/\/news.gallup.com\/poll\/358367\/economic-confidence-matches-early-pandemic-low.aspx\">released<\/a> on Wednesday.<\/p>\n<p>The Economic Confidence Index (ECI) is down to -33, which while far from the record low of -72 in October 2008, reflects a negative growing sentiment toward rampant inflation. Notably, the ECI is just as low as it was in April 2020 \u2014 the early days of the coronavirus pandemic.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p><span>\u201cWith inflation in the U.S. at its highest point since 1982, Americans\u2019 confidence in the economy has dropped to where it was in April 2020, when nationwide shutdowns brought on by the COVID-19 pandemic plunged the nation into a recession,\u201d the poll report states.&nbsp;<\/span><\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p><span>The percentage of U.S. adults who think the economy is the country\u2019s most important problem increase three percentage points to 29 percent, which is the highest level in roughly five years. The percentage is still \u201cwell below\u201d 86 percent in February 2009 and 73 percent in 1991 during economic recessions.&nbsp;<\/span><\/p>\n<p>Overall satisfaction with the direction of the United States has hit its lowest point since January at just 21 percent, though the metric is above a low of 11 percent when protesters entered the U.S. Capitol on January 6, the report states.<\/p>\n<p>Forty percent of U.S. adults rate current economic conditions as fair, 42 percent as poor, and 67 percent say the economy is getting worse. Gallup found that the decline in confidence is largely the result of a six-point increase since November in the percentage of Americans rating the economy as poor.<\/p>\n<p><span>\u201cAs 2021 comes to a close, morale is low in the U.S. COVID-19 continues to rage on, perceptions of the U.S. economy have worsened, Biden\u2019s job approval rating is slumping, and Americans\u2019 overall satisfaction with the direction of the country is low,\u201d the report concludes. \u201cSix months ago, the public was much more optimistic, but the delta and omicron variants of COVID-19, supply chain problems and rising inflation have dampened spirits.\u201d<\/span><\/p>\n<p><span>The survey was conducted December 1-16, 2021, with 811 adults living in the U.S. The margin of sampling error is \u00b14 percentage points at the 95 percent confidence level.&nbsp;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americans\u2019 confidence in the economy is the \u201cworst since the Great Recession,\u201d according to a Gallup poll released on Wednesday. The Economic Confidence Index (ECI) is down to -33, which &#8230;<\/p>\n","protected":false},"author":12,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1143925","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1143925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1143925"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1143925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1143925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1143925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1143925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}