September 2 Gallup Poll Results On Economic Confidence – Notable Excerpts

On September 2, 2014 Gallup released the poll results titled “U.S. Economic Confidence Index Stable in August at -16.”  The subtitle is “Current conditions index unchanged at -14 for fifth month.”

Notable excerpts include:

Gallup's U.S. Economic Confidence Index was steady at -16 in August. This score falls within the -14 to -17 range that the monthly averages have been in throughout 2014, including -17 in July.

also:

Gallup's Economic Confidence Index is the average of two components: how Americans view current economic conditions and their perception of whether the economy is getting better or worse. In August, 20% said the economy is "excellent" or "good," while 34% said it is poor. This resulted in a current conditions index score of -14, the same current conditions score found for five consecutive months.

Here is an accompanying chart of the Gallup Economic Confidence Index:

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2002.28 as this post is written