Americans’ Confidence in the Economy Spikes After Election, Gallup Reports

Monica Sanchez | November 16, 2016
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According to a recent Gallup poll, Americans’ confidence in the economy surged following the presidential election, increasing 13 points from -10 to +3.

Gallup’s U.S. Economic Confidence Index had been consistently negative throughout 2016.

After the election, the measure experienced a sharp increase, largely due to Republicans' more positive responses after Donald Trump succeeded in winning the presidency. 

“Just 16% of Republicans said the economy was getting better in the week before the election, while 81% said it was getting worse,” writes Gallup. “Since the election, 49% say it is getting better and 44% worse.”

Conversely, Democrats’ confidence in the economy plummeted after the election.

“Before the election, 61% of Democrats said the economy was getting better and 35% worse,” Gallup reports. “Now, Democrats are evenly divided, with 46% saying it is getting better and 47% saying it is getting worse.”

The election gave the Republican Party a boost in confidence.

Despite hype by the liberal media predicting a crash, the U.S. stock market has also responded optimistically to the election results, with the Dow Jones industrial average reaching a new all-time high on Monday.

Trump campaigned on his business savvy and his plan to implement new trade deals to boost the U.S. economy and create new jobs for Americans across the country.

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