Americans' confidence in the economy has declined slightly for two consecutive weeks after reaching its highest level in more than five years. Gallup's Economic Confidence Index is now -9, the lowest it has been in over a month.
Americans' confidence in U.S. banks improved to 26% this year, up from the record-low 21% in 2012. Americans are now as likely to have a great deal or quite a lot of confidence in banks as they are to have little or no confidence.
Fewer Americans express optimism about their future personal finances now than did so in mid-2012. Americans are as likely to say they are financially better off as worse off now compared with a year ago.
Gallup's U.S. Economic Confidence Index dipped to -7 last week from the -3 the prior week, which was the highest since Gallup began Daily tracking in 2008. The current weekly score is still one of the best in more than five years.
Although Americans still name the economy and unemployment as the most important U.S. problems, fewer now mention the issues than have in years. The 18% naming unemployment in 2013 is the lowest annual average since 2009.
Gallup's U.S. Job Creation Index increased to 22 in May, the highest score for any month since April 2008. Hiring in May improved in the East, South, and West, and among nongovernment and government workers.