Texas Insider Report: WASHINGTON D.C. Americans have viewed the economy more positively since President Donald Trumps election in November than they did in the nine years prior -- largely attributable to improved confidence among Republicans.
Gallups index climbed three points each of the previous two weeks to reach the most recent weekly average of 13 the highest monthly average in Gallups nine-year trend.
This includes a reading of 15 in the latest three-day rolling average the highest in Gallups trend based on Jan. 20-22 interviewing conducted after Trumps Inauguration.
- How Americans rate current economic conditions and
- Whether they feel the economy is improving or getting worse.
Bottom Line
Trump who made big promises about what he could do for the nations economy enters the White House at a time when Americans evaluate the economy more positively than negatively and more positively than at any time since Gallup began tracking the measure in 2008.
That stands in stark contrast with the situation for his predecessor Barack Obama who took office during an international financial crisis in 2009 when the U.S. Economic Confidence Index was -52.
Although many aspects of the economy are better now than they were when Obama took office Trump seized on some of its weaknesses to convince Americans to elect him president. Trumps ability to improve upon Obamas economic record will go a long way in determining whether Americans remain confident about the health of the economy.
Earlier in January 31 of Americans rated the economy as excellent or good while 21 said it was poor resulting in a current conditions score of 10 marking the highest monthly reading for this component since 2008.
Historical data are available in Gallup Analytics.
