Confidence in the economy plunges to new low
Confidence the U.S. economy will be stronger five years from now has plunged to the lowest level in three years of tracking, Rasmussen Reports finds.
Only forty-four percent (44%) of adults say the economy will be stronger five years from now. Twenty-two percent (22%) say the economy will be weaker, while nine percent (9%) say it will be about the same. A stunning 25% are not sure. (Poll wording here.)
Additionally, consumer confidence in the Obama economy plummeted five points after last Friday’s April jobs report found 300,000 Americans left the labor force last month.