2017 Economic Calendar
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Gallup US ECI  
Released On 2/7/2017 8:30:00 AM For Jan, 2017
PriorActual
level+9 11 

Highlights
Gallup's U.S. Economic Confidence Index averaged plus 11, the highest monthly average in Gallup's nine-year trend. However, the index has been slightly lower so far in February. The index peaked at plus 19 for the Jan. 21 to 23 three-day average after President Donald Trump's inauguration and shortly before the Dow Jones hit a new high. However, the index's high point did not last. The three-day averages have since dipped to smaller single-digit scores, including a plus 8 average for Feb. 3 to Feb. 5.

January's plus 11 score marks the third consecutive month the index has been in positive territory. This is a new feat for an index that has had mostly negative monthly measures since its inception, except for January and February 2015.

In January, 31 percent of Americans rated the economy as "excellent" or "good," while 21 percent said it was "poor," resulting in a current conditions score of plus 10 -- marking the highest monthly reading for this component since 2008. The economic outlook component also reached a new high score of plus 11 in January. This score was the result of 52 percent of Americans saying economic conditions in the country were "getting better," while 41 percent said they were "getting worse."

Definition
Gallup's Economic Confidence Index is a composite of two questions that Gallup asks daily of a nationally representative sample of 500 adults and reports weekly based on approximately 3,500 interviews. The first asks Americans to evaluate current economic conditions and the other measures their perceptions of whether the economy is getting better or getting worse. The two questions have equal weight in the index. The survey is conducted with respondents contacted on landlines and cellphones.  Why Investors Care
 

2017 Release Schedule
Released On: 1/32/73/74/45/26/67/58/19/510/311/712/5
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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