avatar

A Gallup Poll on Americans’ view of the U.S. economy published Wednesday indicated that while most still have a negative view of things, public sentiment on the economy has improved since polling last year.

Gallup said its Economic Confidence Index was at -20 in March, but that was much improved from the -50 measured last fall.

GDP was up 2.5% for 2023 and rose 3.3% in the fourth quarter of 2023.

The March 1-20 results were -20, with 30% saying the economy is good, 30% calling the economy fair and 39% saying it is poor.

How respondents see the U.S. economy is heavily weighted politically, according to Gallup.

While Democrats rate the economy at a +35, independents put it at -28 while Republicans rank it at -62.

Gallup found Republicans have an overwhelmingly negative view of the economy, with 87% believing it is getting worse and 58% of them rating the current economic conditions as poor.

That compares with 64% of Democrats who say the economy is getting better and 55% saying the economy is good now.