According to a new Gallup poll, Americans' confidence in the economy has plunged to a new low, perhaps the lowest since the conclusion of the Great Recession in early 2009.
In May, Gallup's Economic Confidence Index (ECI) was -45, down from -39 in the previous two months.
On a theoretical scale of +100 to -100, the index is a summary of Americans' assessments of current economic conditions and whether the economy is improving or deteriorating.
It considers the net of exceptional versus good versus poor responses.
In April, 20% of Americans thought the economy was good, while 42% said it was bad, for a net of -22. This month, the net plummeted even more to -32.
During the Great Recession, the lowest ECI was reported in 2008, at -72.
Furthermore, only 14% of respondents said economic circumstances were "great" or "good," while 46% said they were "bad." Another 39% said they were "just fair."