“The U.S. Economic Confidence Index improved to -31 in July, driven by gains among Republicans and independents.”
Verdict
✅TrueConfidence
Solid evidence with some gaps or secondary sources.
What We Found
Gallup reported that the U.S. Economic Confidence Index rose to -31 in July 2026, an improvement from -38 in June, with the increase primarily driven by shifts in sentiment among Republicans and independents.
Evidence
According to a Gallup poll published on July 27, 2026, the U.S. Economic Confidence Index (ECI) reached -31 in July 2026. This represents an improvement from the -38 score recorded in June 2026 and the recent low of -45 in May 2026. Gallup's analysis explicitly attributes this improvement to gains in confidence among Republicans and independents. The index is calculated based on two components: how Americans rate current economic conditions and whether they believe the economy is improving or worsening. While the index showed improvement, Gallup noted that Americans remain broadly pessimistic about the economy overall.
What's Missing or Misleading
While the index improved, the report emphasizes that the overall sentiment remains pessimistic, with 67% of respondents stating that the economy is getting worse.
Sources Reviewed (4)
U.S. economic confidence improves, still low, Gallup poll says
Americans are feeling less gloomy about the economy, poll says
Primary Sources
This fact-check was generated by automated AI research. It has not been examined by a human reviewer.