Gallup Economic Confidence Index At 11 Month Low

The ECI for August was at an 11-month low with a reading of minus 13, down a point from minus 12 in July. The monthly average reflects the more positive readings from earlier in August as well as the more negative readings later in the month, particularly those in the last week.  
 
The Gallup Economic Confidence Index (ECI) is a broad indicator of Americans' confidence in national economic conditions, comparable to the Conference Board's Consumer Confidence Index and the Thomson Reuters/University of Michigan Consumer Sentiment Index.