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BUSINESS

Consumer Spending Update: Economic Confidence Continues to Soar

Today’s newly released jobs report, although unchanged from last month, finds the unemployment rate remaining at its lowest level in more than 17 years. The Dow Jones Industrial Average (DJIA) continues to hover over the 24,000 mark, and Congress is nearing passage of a tax reform plan that has taxpayers anticipating cuts by the end of the year. Economically speaking, the good news just keeps coming, and consumers are feeling it.

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