Gallup: US economic confidence falls to lowest since January.
The index was nearly this low a month ago -- at -26 in mid-June -- and now stands at the lowest weekly average since late January of this year.
The latest weekly average is based on 3,421 national adults interviewed as part of Gallup Daily tracking from July 9-15. This represents the first full week of interviewing after the government's July 6 jobs report was issued, showing weak job growth in June.
Both components of the index worsened in the last week, with Americans' perceptions of the economy's direction falling most sharply -- to -23 from -18 -- the lowest for that component since January. Ratings of current economic conditions dipped to -30 from 27, similar to previous low readings as recently as June and March. Gallup
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