Tuesday, February 12, 2019

Boom: Best economic optimism in 16 years, 50% ‘better off’ under Trump

https://www.washingtonexaminer.com/washington-secrets/boom-best-economic-optimism-in-16-years-50-better-off-under-trump



Most firms and politicians agreed upon that they feel better off than a few years ago. Financial optimism reached 50 percent, which was never achieved since 2007. 69 percent of the people that participated in the survey believed their financial situations would improve in the near future.
It seems that consumer confidence is at a positive level, and unemployment rate is at a relatively healthy rate as well. Among politicians, despite the difference in parties, the majority of them agreed that the States would be better off in the future.
Whether or not the evaluation towards Trump varies among people, the economy itself seems very positive to the United States. If the economic indicators such as growth rate, unemployment rate, etc. are maintained properly, the economy would be in great shape for a longer time.

1 comment:

Unknown said...

It is good to see that so many people feel good about their financial future. Obviously the current and previous economic indicators have been good, but everything else seems to be a little shaky. Consumer confidence is still relatively high, although in January we saw a drop for the first time in many years. Right now I agree that indicators are good, but it does seem that the economy is running a bit hot and we'll see what the Fed does about interest rates.