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Consumer Spending Update: Confidence in the Economy Remains High

Despite reports that inflation is at a six-year high, Americans remain upbeat about the economy.

The Rasmussen Reports Economic Index remained unchanged at 137.9 this month, down less than a half a point from May. Enthusiasm about the economy started to grow immediately following Donald Trump's election as president in November 2016 and spiked at 145.9 in February of this year. By comparison, in President Obama’s final years in office, this index reached a high of 121.5 in January 2015 and was at 108.1 his last month in the White House.

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The survey of 1,500 American Adults was conducted on June 3-4, 2018 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 June 3-4, 2018 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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