Despite a month-over-month drop in economic confidence, consumers continue to look more favorably upon the economy and their own personal finances than they have in years past.
President Donald Trump this week expressed his desire to slash the U.S. corporate tax rate from a high of 35% to 15% in order to boost job growth and help middle-class Americans.
Americans still think it’s a prime gig to work for the feds these days.
With the Dow Jones continuing to reach all-time highs and unemployment at its lowest level in years, consumers aren’t just feeling better about the economy and their own personal finances. They’re starting to feel better about spending, too.
The Dow Jones Index has been enjoying record highs since Donald Trump was elected president, but most Americans remain on edge that the stock market could collapse again.
While unemployment is trending down and Americans are more upbeat about their job prospects than they have been in years, that doesn't mean they expect a bigger paycheck.
Despite some recent studies that suggest otherwise, Americans feel more strongly that raising the minimum wage is a good economic move and are more likely to believe it should be a living wage.
With the Dow closing at new highs this week and unemployment down, Americans are more confident than they have been in years that it’s possible for just about anyone to find a job - and even get rich - in America.
Consumers are seeing green again when it comes to rating the economy and their own personal finances, but that doesn’t necessarily mean they’re ready to start spending more.
For the last three months, the overall Consumer Confidence Index has been falling from its three-year high, but June’s four-point jump to 116.7 (the second highest rating in this index’s history) suggests there’s hope on the horizon.
The U.S. unemployment rate has fallen to a 10-year low, but Americans remain divided over where that rate is headed from here. With Republicans controlling the White House and Congress, GOP adults are now far more confident that unemployment will be lower in a year’s time, while Democrats are noticeably less cheery.
Once hot sentiments on the direction of the economy and personal finances following President Trump’s inauguration are now cooling, and so is consumer spending.
While most Americans still say they know someone out of a job, that number has fallen to its lowest level yet, as has the number who know someone who has given up on the job market. But even though the national unemployment rate has fallen to a 10-year low, adults aren’t totally convinced the job market is better than it was a year ago.
Voters are receptive to President Trump’s proposal to kill the federal “death tax” and to eliminate most income tax deductions in exchange for a higher initial standard deduction.
Americans are filing their taxes today, and most say they want to pay their fair share.
Once again, the overwhelming majority of Americans have filed their income taxes just in the nick of time.
Voters’ views of the Internal Revenue Service may be improving, but a plurality are still dubious of the tax-collecting agency’s ability to fairly enforce tax laws.
Consumers may still be riding the wave of economic enthusiasm since Donald Trump was elected, but that confidence is starting to wane.
Confidence in the housing market continues to grow among homeowners.
Americans were quite optimistic about the economy following President Trump's inauguration. Two months later, their optimism seems to be waning.
