Gallup’s Economic Confidence Index soared 13 points last week to turn positive for the first time since March 2015 in the wake of Donald Trump’s White House victory.
Republicans' economic outlook also improved drastically.
Gallup's Economic Confidence Index moved from a slightly negative evaluation (-10) to a slightly positive one (+3). The index had been consistently negative throughout the year leading up to the election.
The increase in economic confidence mostly stems from Republicans' more positive views after Republican Donald Trump won the election. Gallup has previously noted that Americans view the economy through a political lens. Republicans have had a dismal view of the economy -- especially of its future direction -- during Democratic President Barack Obama's two terms.
“After Trump won last week's election, Republicans and Republican-leaning independents now have a much more optimistic view of the U.S. economy's outlook than they did before the election. Just 16% of Republicans said the economy was getting better in the week before the election, while 81% said it was getting worse. Since the election, 49% say it is getting better and 44% worse,” Gallup reported.
(Excerpt) Read more at newsmax.com ...
