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Consumer Spending Update: Economic Confidence Steadies, Still Near All-Time Highs

The Rasmussen Reports Economic Index dropped to 140.9 in August, down nearly four points from last month but still among 2019's highs to date.

Enthusiasm about the economy started to grow immediately following Donald Trump's election as president in November 2016 and spiked to 145.9 in February 2018. 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 August 1, 2019 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 August 1, 2019 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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