Saturday, July 30, 2011
Take this economy, puh-leez. And while you’re at it, take this Congress and this president with you, too. That’s the message from most Americans these days.
The federal government yesterday reported a stunningly low economic growth rate for the U.S. economy for the first six months of the year. But that was no surprise to regular followers of the Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis. Consumer confidence remains near the lowest levels of the past two years. Just 13% of adult consumers say the U.S. economy is getting better these days, while 64% say it's getting worse. At the beginning of the year, 30% said economic conditions in the country were getting better, and only 45% said they were getting worse.
The similarly depressed Rasmussen Investor Index on Friday found that only 16% of investors think U.S. economic conditions are getting better, while 64% say they are getting worse. At the beginning of 2011, investors were evenly divided, with 36% saying economic conditions were improving and 39% saying they were getting worse.Rasmussen subscribers can log in to read the rest of this article.
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