January 28, 2025 Gallup Poll Results On Economic Confidence – Notable Excerpts

On January 28, 2025 Gallup released the poll results titled “U.S. Economic Confidence Ticks Down as Partisans’ Views Shift.”

Notable excerpts include:

This month, 26% of U.S. adults say economic conditions are “excellent” or “good,” while 33% call them “only fair” and 40% “poor.” This results in a -14 score on the current conditions component of the index for the third month in a row, which is slightly higher than the 2024 average of -19. The last time the current conditions score was better than now was in March 2024 (-9).

also:

When asked about the economy’s direction, 34% of Americans say conditions are getting better, while 57% say they’re getting worse. Slightly fewer Americans now than in December (38%) say the economy is getting better.

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 6012.28 as this post is written