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Making America Great Again? US Economic Confidence Hits 5-Month High

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Confidence in the US economy has continued to rise in August, reaching the highest level since mid-March, Gallup’s weekly poll of workers revealed on Tuesday.

WASHINGTON (Sputnik) — Gallup’s US Economic Confidence Index averaged plus 11 last week, up three points from a week earlier and nine points above its previous 2017 high in mid-March, the release explained.

"Americans' economic perceptions have been mostly positive throughout 2017," a press release explaining the poll said.

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"This is a fundamental change from 2008 through most of 2016, when pessimism prevailed."

The Gallup index averages two components from surveys of US workers: how Americans rate current economic conditions and whether they believe the economy is improving or getting worse.

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