Consumer Spending Update: Economic Confidence Rises to Highest Level Since November
Economic confidence rose to 123.7 in this month’s Rasmussen Reports Economic Index, up more than nine points from April, the third consecutive monthly increase.
Economic confidence rose to 123.7 in this month’s Rasmussen Reports Economic Index, up more than nine points from April, the third consecutive monthly increase.
Economic confidence rose to 114.1 in this month’s Rasmussen Reports Economic Index, up more than four points from March, the second consecutive monthly increase.
Economic confidence jumped to 109.8 in this month’s Rasmussen Reports Economic Index, up 12 points from February, following three consecutive months of decline since Election Day. In a remarkable shift, Democrats are now more optimistic than Republicans about the economic future.
The Rasmussen Reports Economic Index dropped by nearly four points this month, the third consecutive monthly decline since Joe Biden was elected President. The index fell to 97.8 from 111.5 in January, Consumer Spending Update: Economic Confidence Continues Post-Election Decline continuing the decline from 126.4 just before Election Day.
The Rasmussen Reports Economic Index dropped by three points this month, the second consecutive monthly decline since Joe Biden was elected President. The index fell to 111.5 from 114.5 in December, continuing the decline from 126.4 just before Election Day, amid a climate of public concern about new lockdowns to fight the COVID-19 pandemic.
The Rasmussen Reports Economic Index has dropped 12 points from 126.4 just before Election Day to 114.5, reversing the fall rebound from the coronavirus lockdown that began in March. Many states in recent days have begun reimposing lockdown restrictions with the new surge in COVID-19 cases.
In the days prior to the 2020 presidential election, economic confidence jumped to 126.4 in the Rasmussen Reports Economic Index, up nine points from October but still shy of the highest finding since March when states started locking down due to the global coronavirus pandemic.
Economic confidence dropped slightly to 117.0 in this month’s Rasmussen Reports Economic Index, down a point from September but just shy of the highest finding since March when states started locking down due to the global coronavirus pandemic.
Economic confidence jumped to 118.3 in this month’s Rasmussen Reports Economic Index, up eight points from August and the highest finding since March when states started locking down due to the global coronavirus pandemic.
Economic confidence slowed this month, dropping four points from July to 110.8 in this month’s Rasmussen Reports Economic Index.
With more of the country moving through their COVID-19 reopening phases, confidence in the economy continues its upswing, with the Rasmussen Reports Economic Index rising another five points from June to 114.9.
As more of the country exits the lockdown and the stock market climbs to pre-pandemic levels, economic confidence is on the rebound, jumping 16 points from last month to 109.8 in June. This finding is comparable to the level of confidence Americans held just prior to President Trump’s 2016 election.
As parts of the country slowly emerge from coronavirus lockdown, economic confidence has slowed from April’s rapid descent, dropping just one point to 93.7 in May. But this is the lowest finding in six years of surveying and six points below the April 2014 baseline.
As the coronavirus closes many businesses and takes the stock market on a thrill ride, confidence in the U.S. economy plunged, dropping a staggering 45 points from last month to 94.6 in the Rasmussen Reports Economic Index. This is the lowest finding in six years of surveying and four points below the April 2014 baseline.
With the coronavirus and falling oil prices battering the economy, economic confidence dropped four points this month with the Rasmussen Reports Economic Index hitting 140.0. This is the lowest finding since October after confidence had spiked to a five-year high in January.
After spiking to a five-year high in January, economic confidence fell back four points this month with the Rasmussen Reports Economic Index hitting 143.9. But it still remains in record high territory.
The economy continues to wow this month with the Rasmussen Reports Economic Index hitting 147.8 in January, up 3.5 points from last month and smashing through the five-year high.
Americans are feeling better than ever about the economy. The Rasmussen Reports Economic Index hit 144.3 in December, up one point from last month and just shy of the five-year peak reached early last year.
As overall confidence in the economy continues to hover near record highs, Americans are now feeling it in their wallets as well with sentiments on their own personal finances and anticipated spending shattering previous highs.
The Rasmussen Reports Economic Index held steady at 139.4 in October, virtually unchanged from last month and still among all-time highs to date.