Weekly Drop in U.S. Economic Confidence Largest Since '08
by ALYSSA BROWN
Oct 08, 2013 | 400 views | 0 0 comments | 11 11 recommendations | email to a friend | print
Decline of 12 points to -34 is largest since Lehman Brothers collapsed

WASHINGTON, D.C. -- Americans' confidence in the economy has deteriorated more in the past week during the partial government shutdown than in any week since Lehman Brothers collapsed on Sept. 15, 2008, which triggered a global economic crisis. Gallup's Economic Confidence Index tumbled 12 points to -34 last week, the second-largest weekly decline since Gallup began tracking economic confidence daily in January 2008.

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