Consumer Spending Update: Consumer Confidence Back On Path of Growth?
With the Dow Jones Industrial Average still more than 20% higher than during President Obama’s last full-month in office and last week’s report from the Bureau of Labor Statistics showing the unemployment rate dipping below four percent (4%) for the first time since December 2000, Americans seem to have let go of March’s rocky month on the stock market and are again thinking more positively about the economic outlook.
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The survey of 1,500 American Adults was conducted on May 1-2, 2018 by Rasmussen Reports. The margin of sampling error is +/- 2.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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