Gallup's Economic Confidence Index Improves

Princeton, NJ, Aug. 10. 2010--Gallup's Economic Confidence Index improved slightly in early August to -29 and is now four points better than the average for all of July (-33).

Part of the recent uptick in Gallup's Economic Confidence Index is the result of fewer Americans (45%) rating current economic conditions as "poor." Although that percentage is the same as the prior week's, it is marginally better than the full July average of 47%.

The Economic Confidence Index also improved during the past week because 35% of consumers told Gallup economic conditions are "getting better" in the country as a whole. This is up three points from the July average of 32%.