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Economic Confidence Plummets Amid Shutdown, Holiday Spending Drops

12/4/2025

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Summary

Story summary

In November 2025, Gallup's Economic Confidence Index fell to -30, the lowest since July 2024, with 21% rating conditions as excellent or good and 40% as poor.
The share who believe the economy is improving dropped to 27%.
Holiday spending plans average $778, down $229 from October.
The decline reflects heightened economic anxiety, amplified by the federal government shutdown that impacted federal workers and benefit programs.

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Story summary

In November 2025, Gallup's Economic Confidence Index fell to -30, the lowest since July 2024, with 21% rating conditions as excellent or good and 40% as poor.
The share who believe the economy is improving dropped to 27%.
Holiday spending plans average $778, down $229 from October.
The decline reflects heightened economic anxiety, amplified by the federal government shutdown that impacted federal workers and benefit programs.