Widespread Pessimism or Glimmers of Hope? US Consumer Confidence After the 2016 Presidential Election

The 2016 US presidential election can be characterized by widespread discontent with the status quo. Indeed, a supermajority of Americans see the system as broken. And strong majorities across party lines believe that America is on the “wrong track”. However, American consumer confidence has strongly rebounded since the Great Recession […] Read more »

Conference Board Consumer Confidence Index Increased in December

The Conference Board Consumer Confidence Index®, which had increased considerably in November, posted another gain in December. The Index now stands at 113.7 (1985=100), up from 109.4 in November. … “Consumer Confidence improved further in December, due solely to increasing Expectations which hit a 13-year high (Dec. 2003, 107.4),” said […] Read more »

Consumer optimism surges in December

As unexpected as Trump’s election, consumers expressed much more positive economic expectations following his victory. While the surge in confidence ended by mid-December, it nonetheless led to the highest level of the Sentiment Index since January 2004, according to the University of Michigan (U-M) Surveys of Consumers. CONT. University of […] Read more »

Economic Confidence Inches Up to New High

Americans’ confidence in the economy continues to gradually strengthen after last month’s post-election surge. Gallup’s U.S. Economic Confidence Index averaged +10 for the week ending Dec. 18, marking another new high in its nine-year trend. CONT. Justin McCarthy, Gallup Read more »

Economic Confidence Highest in Nine Years

Americans expressed more positivity about the U.S. economy last week than they have at any other time during the nine years that Gallup has been tracking the U.S. Economic Confidence Index. The latest score of +6 for the week ending Nov. 27 inched past the previous high of +5 recorded […] Read more »