Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

xchrom

(108,903 posts) Tue Oct 8, 2013, 07:15 AM Oct 2013

Economic Confidence Falls Off The Cliff

http://www.businessinsider.com/gallup-consumer-confidence-2013-10

Thanks to the government shutdown, there's no government economic data, which is going to make it harder to get a read on what the shutdown is doing to the economy.

Fortunately there's a slew of data collected by the private sector, whether it's the ADP Jobs Report or the ISM Manufacturing surveys.

And there's this: The Gallup daily tracker of US Economic Confidence, which asks a rolling pool of 1500 adults how they see the economy.

It's fallen off a cliff.