Democrats' confidence in U.S. economy steadily eroding
However, Republicans' confidence has changed little since the inauguration in late January, while Democrats' has continued to worsen.
These findings are based on weekly averages of Gallup Daily tracking surveys from late October 2016, just before the election, through the last full week in May.
Gallup's ongoing measurement of economic confidence allows it to pinpoint changes in partisans' evaluations of the economy in response to a change in the party of the presidential administration.
Gallup's Economic Confidence Index (ECI) consists of two items - one measuring Americans' evaluation of current economic conditions (as excellent, good, only fair or poor) and one asking for their outlook on the economy (whether it is getting better or getting worse).
The index has a theoretical maximum of +100 if all Americans were to say the economy is excellent or good and getting better, and a theoretical minimum of -100 if all were to say the economy is poor and getting worse. ■