Gallup: Economic confidence inching back after sequester

Gallup said that most of the index’s improvement came from the public’s view of the economy’s outlook, which has gained 13 points in the last three weeks. A majority of people (54 percent), however, still believe the economy is getting worse.

{mosads}The polling company also found that people’s take on current conditions, while still negative, is holding fairly steady.

Gallup also said its findings could be short lived, as Democrats and Republicans in Congress are working to avoid a government shutdown which could occur in just over a week. The polling company saw a decline in its confidence index after Washington failed to reach a deal to avoid sequestration.

The two parties are also debating vastly different budget visions for the future.

The economic index reached to below -50 following the extended debt ceiling debate that occurred in the summer of 2011.