Consumer Confidence in Americans at Highest Levels

This December, consumer confidence in the United States has hit an all time high for the first time in fifteen years. This correlates with experts predicting there would be a surge in job growth, business conditions and the stock market following the aftermath of the U.S. presidential election.

The Conference Board, through its predictive Consumer Confidence Index model, estimated a level of 109.4 in November. However, the actual consumer confidence level reached 113.7.

Notably, President-elect Donald Trump tweeted on Monday regarding how the “stock market is up nearly 10% and Christmas spending is over a trillion dollars!” since being elected. His tweet can be read below:







 

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