Americans'
confidence in the economy spiked last week, with Gallup's U.S. Economic
Confidence Index averaging +11 for the week ending Nov. 26 -- an increase of
seven points from the previous reading of +4.
Last week's gain in economic confidence was
more than twice as large as the average gain. This may be a result of the
improving economy which, in turn, has allowed more Americans to have the
resources to enjoy the holiday week by traveling or shopping. To that point,
AAA estimated that the highest number of Americans traveled this past
Thanksgiving week since 2005.
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Tuesday, November 28, 2017
Gallup: Economic Confidence Index leaps 7 points in latest survey
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