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Consumer Spending Update

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March 12, 2021

Consumer Spending Update: Economic Confidence Makes Sharp Gains

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.

February 12, 2021

Consumer Spending Update: Economic Confidence Declines for Third Month in a Row

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.

January 8, 2021

Consumer Spending Update: Economic Confidence Continues Post-Election Decline

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.

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December 11, 2020

Consumer Spending Update: Economic Confidence Falls Following Election

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.

November 13, 2020

Consumer Spending Update: Economic Confidence On The Rise Going Into Election

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.

October 9, 2020

Consumer Spending Update: Economic Confidence Holds Steady in October

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.

September 11, 2020

Consumer Spending Update: Economic Confidence Rebounds to Highest Level Since March

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.

August 14, 2020

Consumer Spending Update: Economic Confidence Stalls in August

Economic confidence slowed this month, dropping four points from July to 110.8 in this month’s Rasmussen Reports Economic Index.

July 10, 2020

Consumer Spending Update: Economic Confidence Continues to Emerge from Its COVID Slump

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.

June 12, 2020

Economic, Consumer Confidence Rebound to 2016 Election Levels

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.

May 15, 2020

Consumer Spending Update: Americans Question Economy But Still Have Faith in Their Own Wallets

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.

April 10, 2020

Consumer Spending Update: Economic, Spending Confidence Plunges – But It Depends on Who You Ask

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.

March 13, 2020

Consumer Spending Update: Americans Jittery – But Not Panicked – About the Economy

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.

February 14, 2020

Consumer Spending Update: Economic Confidence Backs Off January's Record High

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.

January 10, 2020

Consumer Spending Update: 2020 Kicks Off With Record-Breaking Confidence in the Economy

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.

December 13, 2019

Consumer Spending Update: New High of 62% Give Economy Positive Reviews

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.

November 15, 2019

Consumer Spending Update: Confidence in Personal Finances, Spending Jump to Record Highs

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.

October 11, 2019

Consumer Spending Update: Americans Still Ride High on Trump Economic Bump

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.

September 13, 2019

Consumer Spending Update: Consumer Confidence Remains Near Five-Year Highs

The Rasmussen Reports Economic Index held steady at 140.8 in September, virtually unchanged from last month and still among 2019's highs to date.

August 9, 2019

Consumer Spending Update: Economic Confidence Steadies, Still Near All-Time Highs

The Rasmussen Reports Economic Index dropped to 140.9 in August, down nearly four points from last month but still among 2019's highs to date.