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Consumer Spending Update: Confidence in Personal Finances Hits Four-Year High

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.

The Rasmussen Reports Economic Rating Index is up nearly five points from last month to 157.3, just one point shy of March’s highest level of confidence in the economy since 2014. Immediately following the 2016 presidential election, enthusiasm about the economy started to grow and has been on the upswing for six of the last eight months. In President Obama’s final year in office, economic ratings ranged from 112.7 to 122.9.

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The survey of 1,500 American Adults was conducted on July 5, 2017 by Rasmussen Reports. The margin of sampling error is +/- 2.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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The survey of 1,500 American Adults was conducted on July 5, 2017 by Rasmussen Reports. The margin of sampling error is +/- 2.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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