Poll Watch: Consumer and Investor Indexes Drop to Lowest Levels in Months

This does not look good for the economy.

The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, dropped three points on Wednesday to 67.0, its lowest level in over two months. The index is down six points over the past week and down nine points over the past month. Today is the first update based entirely upon interviews conducted since last week’s report showing higher than expected job losses in June.

Nationally, 24% of consumers say the economic conditions in the United States are getting better, down five points from the end of last week. Fifty-two percent (52%) of adults say the economy is getting worse.

The Rasmussen Investor Index, which measures the economic confidence of investors on a daily basis, fell to its lowest level in three months. At 70.3, investor confidence is down fourteen points over the past week and fifteen points over the past month.

Among investors, 26% think the economy is getting better, down five points from yesterday. Most investors (51%) say the economy is getting worse, down from 43% before the job report was released.

No wonder the Obama Administration is floating the idea of another economic stimulus bill. The fact is economic stimulus I or Porkulus has been a failure and unemployment remains sky high.

Stay tuned……

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