The overall Rasmussen Reports Economic Index for October rose two points to 129.2. Enthusiasm about the economy started to grow immediately following the 2016 presidential election and continues to show the highest level of confidence since this tracking began in 2014.
Congress is currently debating whether online retailers like Amazon should charge sales tax on purchases, even if the seller and buyer aren’t in the same state. A majority of Americans do at least some shopping online, and they are not fans of taxing those purchases.
Hartford, the state capital of Connecticut, is close to declaring bankruptcy, saying it won't be able to pay all its bills within 60 days. But just as they did when Detroit was nearing bankruptcy in 2013, Americans don’t want the government getting involved.
Even as the fight over charging sales tax for online retailers ensues in Congress, Americans still think sales tax is the most fair type of tax they pay. But they’re nearly as likely to see income tax as both the most (and least) fair type of tax today.
Now that Donald Trump is in the White House, fewer voters think the president will raise taxes compared to when he was on the campaign trail. But slightly more voters see a Trump White House with more government spending.
President Trump has promised to cut taxes. Voters are generally on board, but Democrats are less convinced now of the economic benefits of doing so.
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.
