American consumers are more upbeat

A crazy thing happened while you were recovering from your Christmas food coma, your friends were out buying booze for New Year’s Eve and nonprofits were pleading for end-of-the-year donations: Americans finally started saying nice things about their economy.

That’s according to Gallup’s daily economic confidence index, which for the first time since the recession showed consumer optimism edging out consumer pessimism. … I should note that there are other metrics for consumer optimism, but they’ve also been relatively buoyant. CONT.

Catherine Rampell, Washington Post

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