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IPFS News Link • Economy - Economics USA

Americans Are The Most Confident In The Current Economic Situation Since The...

• https://www.zerohedge.com, By Tyler Durden

While 'Hope' continues to fade (now at its lowest since Dec 2017), The Conference Board's Consumer Confidence inched higher thanks to a surge in confidence about the Current Situation to the highest since March 2001.

"Consumers' assessment of present-day conditions improved, suggesting that economic growth is still strong. However, while expectations continue to reflect optimism in the short-term economic outlook, back-to-back declines suggest consumers do not foresee growth accelerating."

So, the last time Americans were this excited about the current economic situation was at the peak of the DotCom bubble (and what just happened in the last week to America's new dotcom bubble?).

Americans aged 35-54 saw confidence collapse (while the younger cohorts confidence soared)...


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