A week after anticipating a strong monthly jobs report, the Consumer Comfort Index surged to a new pandemic high, lifted by Americans’ improved assessments of their personal finances, the buying climate and the national economy alike. The CCI is up 3.3. points since mid-March, including 1.9 points just this week […] Read more »
U.S. consumer confidence passes pre-pandemic levels
Americans’ consumer sentiment surpasses levels last seen just before the March 2020 lockdowns as the Overall Confidence Index in this week’s Ipsos-Forbes Advisor U.S. Consumer Confidence Tracker hits 61.2. This week’s score is less than 3 points shy of its historical record of 63.8 high of May 2018. Other sub-indices […] Read more »
U.S. Economy Optimism Hits Covid-Era High On Vaccines, Stimulus
Optimism over the U.S. economy keeps skipping ahead to new Covid-era highs, propelled by vaccines and stimulus checks. The IBD/TIPP Economic Optimism Index, an early monthly read on consumer confidence, rose one point to 56.4 in April, after jumping 3.5 points in March. Readings above the neutral 50 level reflect […] Read more »
Consumer confidence reaches pre-pandemic levels
Consumer confidence closes in on levels of optimism last seen in early March 2020, reading at 59.7 in this week’s Ipsos-Forbes Advisor U.S. Consumer Confidence Tracker. This represents an increase of 1.4 points from the week prior and is now statistically on par with the March 2020 pre-pandemic reading of […] Read more »
Consumer Comfort Index Hits a New Pandemic High
Americans’ ratings of the national economy rose sharply in the past two weeks, lifting the overall Consumer Comfort Index to a new pandemic high as the country gradually reopens from its year-long quarantine. The weekly index hit a one-year peak of 50.0 on its 0-100 scale, its best since last […] Read more »
Widespread Support for Biden’s Coronavirus and Economic Relief Law
Americans are feeling more optimistic about the economy, and a majority of adults favor the Biden administration’s landmark $1.9 trillion coronavirus and economic relief package known as the American Rescue Plan Act. Only 25% oppose the law, which provides funding and economic aid to individuals, businesses, schools, and state and […] Read more »