The U.S. Economic Confidence Index for the week ending January 10 was -12. Gallup's Rebecca Rifkin reports on the most recent index level, and the consistency it has seen over the last few months.
The index has not seen positive territory since last March and has been in the range of -10 to -15 since September. The poll based on the American opinion of current conditions and whether they feel the economy is improving remained the same amidst the mixed economic news of last week:
Americans' evaluations of the national economy remained essentially unchanged. On the negative side, the U.S. stock market had a tumultuous first full week of 2016, dropping in response to the Chinese stock market and lower oil prices. This led to the worst recorded start of the year for major U.S. stock indexes.
Head over to Gallup to learn more about the economic confidence of Americans: