Before Donald Trump took office, he promised that he would do wonders for the American economy and bring jobs back to this country. Just two months into his presidency, Trump has already followed through with this pledge in a big way.
Breitbart reported that a new study released this week revealed that consumer confidence is now at the highest level that it has been at in over 16 years. The biggest gains in consumer confidence have come from the American middle class.
Consumer confidence was at 116.1 in February, and economists expected it to go down to 114.1 in March. Instead, it soared up to 125.6 this month.
Experts have been astounded at the growth in consumer and business confidence since Trump was inaugurated. Though the mainstream media continues to push the narrative that America has entered a period of uncertainty and ill-will, studies show that Americans feel better now than they have since we entered the 2000s.
The confidence levels for households with incomes between $50,000 and $75,000 has risen from 100.4 prior to the election to 135.2. Meanwhile, households registering incomes between $35,000 and $50,000 registered a rise from 79.9 to 113.4. The only group that is feeling less confident than before the election are households with incomes below $15,000.
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