Data: CivicScience, Hamilton Place Strategies; Chart: Axios Visuals

Consumer confidence has fallen over the past two weeks to its lowest level since January 2019, according to a reading that updates daily from Hamilton Place Strategies and data firm CivicScience.

Why it matters: The index's two-week average, provided first to Axios, dropped to 49.4, with the daily reading drifting even lower to 45.5 on Tuesday. Traditional data metrics are all lagging behind the spread of the coronavirus outbreak, which is the primary driver of markets at the moment.

  • The Economic Sentiment Index is a “living” metric that tracks U.S. adults’ expectations for the economy going forward, as well as their feelings about current conditions for major purchases, CivicScience analysts say.

The big picture: Consumer confidence has clearly declined, but even as of Tuesday's weak level, it has not fallen off a cliff.

Go deeper: The looming global great recession

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Fauci says White House effort to discredit him is "bizarre"

Photo: Joshua Roberts/Getty Images

Anthony Fauci told The Atlantic on Wednesday that efforts by certain White House officials to discredit him are "bizarre" and that it "ultimately hurts the president" to undermine a top health official in the middle of a pandemic.

Driving the news: Fauci's comments come on the heels of a USA Today op-ed by White House trade adviser Peter Navarro, who claimed that Fauci has been "wrong about everything" related to the coronavirus that the two have interacted on. Fauci told The Atlantic: “I can’t explain Peter Navarro. He’s in a world by himself.”

3 hours ago - Health

Oklahoma Gov. Kevin Stitt tests positive for coronavirus

Oklahoma Gov. Kevin Stitt. Photo: Alex Wong/Getty Images)

Oklahoma Gov. Kevin Stitt (R) announced on Wednesday he has tested positive for the coronavirus and will self-isolate, Tulsa World reports.

Why it matters: The 47-year-old Stitt is believed to be the first governor in the U.S. to test positive. He attended President Trump's rally in Tulsa last month, which the county's health department director said likely contributed to a surge in cases in the region.

Updated 4 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. ET: 13,397,167 — Total deaths: 580,388 — Total recoveries — 7,449,477Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m. ET: 3,459,053 — Total deaths: 136,900 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. States: Alabama's GOP governor issues statewide mask mandate — Oklahoma Gov. Kevin Stitt tests positive.
  4. Politics: Fauci says White House effort to discredit him is "bizarre" — Trump says Navarro shouldn't have written op-ed attacking Fauci.