Monday, December 29, 2014

Gallup economic confidence turns positive

 - by New Deal democrat

Last week I reported that CNN's survey of consumer confidence turned positive for the first time since before the Great Recession.

Gallup's daily economic confidence index has now also turned positive, also for the first time since the Great Recession:

The rise in confidence on this survey has been dramatic just in the last 3 weeks.  Since there is evidence that lower income households are particularly benefitted by lower gas prices, it looks like the shattering of the Oil choke collar is having a big effect on Main Street.