Home
Remember when the lame stream media forecast that the economy would crash if Donald Trump was elected. This has to be driving my Progressive good friends NUTS!
Consumer confidence hits highest level in 15 years
Last Updated Dec 27, 2016 12:46 PM EST
WASHINGTON — American consumers are the sunniest they’ve been in more than 15 years.
The Conference Board said Tuesday that its consumer confidence index climbed to 113.7 in December, up from 109.4 in November and the highest since it reached 114 in August 2001. It’s another sign consumers are confident in the aftermath of a divisive election campaign.
The index measures consumers’ assessment of current conditions, which dipped from November but was still very positive, and their expectations for the future, which hit a 13-year high.
[...]
“The election of Donald Trump has raised household expectations for the economy to a very high level,” Stephen Stanley, chief economist at Amherst Pierpont Securities, wrote in a research note. “It remains to be seen whether Trump can deliver,” but the burst in confidence could drive consumer spending higher.
[...]
http://www.cbsnews.com/news/consumer-confidence-hits-highest-level-in-15-years/
Consumer confidence hits highest level in 15 years
Last Updated Dec 27, 2016 12:46 PM EST
WASHINGTON — American consumers are the sunniest they’ve been in more than 15 years.
The Conference Board said Tuesday that its consumer confidence index climbed to 113.7 in December, up from 109.4 in November and the highest since it reached 114 in August 2001. It’s another sign consumers are confident in the aftermath of a divisive election campaign.
The index measures consumers’ assessment of current conditions, which dipped from November but was still very positive, and their expectations for the future, which hit a 13-year high.
[...]
“The election of Donald Trump has raised household expectations for the economy to a very high level,” Stephen Stanley, chief economist at Amherst Pierpont Securities, wrote in a research note. “It remains to be seen whether Trump can deliver,” but the burst in confidence could drive consumer spending higher.
[...]
http://www.cbsnews.com/news/consumer-confidence-hits-highest-level-in-15-years/
@realDonaldTrump
