Economic confidence, by one measure, is on a roll -- with mustard. According to the Investors Business Daily/TIPP Economic Optimism Index:
Encouraged by the new administration’s swift unveiling of economic policies, along with President Trump’s focus on job creation, Americans are displaying the highest level of optimism regarding the U.S. economy in more than 12 years, according to the latest reading of our Economic Optimism Index. In February, the Index improved by 0.8 point, to a score of 56.4, its highest reading since October 2004, when the indicator registered a score of 57.5. February marks the fifth straight month of growth in the reading.
In addition, for the third month in a row, a majority of Americans believe that the U.S. economy is improving. Overall, 55% of consumers believe that the economy is improving, while just over one-third (35%) say that it is not improving.
You can view a detailed analysis of our results in the complementary report available here.