US Consumer Confidence Highest Since 2000

It took awhile, but the United States economy is showing huge strides when looking at one of the most important factors. Consumer confidence is what drives sales here in the US as is the case with most countries, and over the years we have seen huge upside. Flashback to the year 2000 where consumer confidence was at an all-time low, but much different where we all stand today.


According to analysts, consumer confidence is higher than it's ever been since the year 2000. In just one month this year we have seen a huge spike from 116.1 in February to 125.6 in March. This shows a substantial gain in just one month which is very surprising considering the months post-holidays are typically the slowest period for consumers.

Analysts believe one of the biggest factors is the increase in jobs domestically. Since Trump took office, we have seen a huge shift in the US workforce which aligns with one of Trump's biggest promises. With the premise of bringing jobs back to the US, US consumers are more optimistic than they've been in years.

Jobs drive the economy and give confidence to consumers to make purchases today without having fear of buying tomorrow. What makes this even more optimistic is that analysts believe this isn't just for the short-term as the long-term growth of the US economy is an even bigger factor which should improve consumer confidence even more.

You can check out the following video which details even more: