“Americans’ confidence in the economy has reached a five-year weekly high, according to Gallup’s weekly tracking index.
This week’s reading matched a five-year high set the week ending Feb. 3. It comes just a week after The Conference Board’s April Consumer Confidence survey showed a huge surge to 68.1 from last month’s upwardly-revised 61.9 reading.
The current confidence score in Gallup‘s confidence reading is -8, which was a surge from -13 the previous week. The index has reached as low as -22 this year.
Monthly economic confidence in April also matched a five-year high, coming in at a marked improvement over March’s reading, which was likely low because of the budget sequester….”Twitter