Americans are three times more confident about small business as they are about big business, according to a recent Gallup poll.

The Confidence in Institutions survey, which consisted of phone interviews with 1,007 adults, found 59 percent said they have a "great deal" or "a lot" of confidence in small business, compared to 18 percent for big business. The confidence index for big business is the lowest rating since Gallup began conducting the poll in 1973. Small business was last rated in 1998, when it had a confidence index of 57 percent. In the latest survey, the only institution with a higher approval rating than small business was the military at 69 percent.

The results reflect an overall decline in approval of the country's institutions, the survey said.

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