Gallup Says U.S. Economic Confidence Rose to -31 in July as 22% Rate Conditions Good
Updated
Updated · Semafor · Jul 27
Gallup Says U.S. Economic Confidence Rose to -31 in July as 22% Rate Conditions Good
2 articles · Updated · Semafor · Jul 27
Summary
Gallup’s economic confidence index climbed to -31 in July from -45 in May, easing some of the pessimism that had deepened as inflation and the Iran war pressured households.
22% of U.S. adults now rate economic conditions as excellent or good, up from 16% in May, with the improvement driven largely by Republicans and independents.
44% still describe conditions as poor, and more than two-thirds say the economy is getting worse, showing sentiment remains broadly negative despite the rebound.
The July 1-19 poll was conducted as Trump declared a brief Iran ceasefire “over” and both sides exchanged escalating strikes; oil prices have since rebounded further, threatening renewed pressure on gas prices and confidence.