US Economic Confidence Sinks to 2011 Low; 55% Say Economy Still in Recession or Depression

"A pair of recent Gallup Polls shows distinct loss of confidence in the US economy. The first poll shows Americans' Economic Confidence at the 2011 Low. A second poll shows 55% still think the economy is in a recession, or worse.

Please consider Americans' Economic Confidence Declines Further

Gallup's Economic Confidence Index dropped to -39 in the week ending April 24 -- a new weekly low for 2011. This continues a downward trend that began in mid-February. The current deterioration of confidence contrasts sharply with the improving trend found at this time a year ago..."

at  http://globaleconomicanalysis.blogspot.com/2011/04/us-economic-confidence-sinks-to-2011.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29