Consumer Spending Update: Positive Economic Outlook Means Consumers Are Ready to Spend
The stock market continues to soar to its highest levels to date...
The stock market continues to soar to its highest levels to date...
The Trump administration is considering raising the gas tax for the first time in 24 years to help pay for a one trillion dollar infrastructure plan, but Americans unsurprisingly are not on board.
Data breaches at major companies like the recent one at credit reporting firm Equifax are happening more frequently, and a sizable number of Americans admit to being a victim of a cyber attack.
President Trump has repeatedly called out National Football League team owners in the partially tax-subsidized league for allowing player protests during the national anthem.
For the first time in eight years of tracking, more than half of homeowners see a rising home value in their future.
The overall Rasmussen Reports Economic Index for October rose two points to 129.2. Enthusiasm about the economy started to grow immediately following the 2016 presidential election and continues to show the highest level of confidence since this tracking began in 2014.
Congress is currently debating whether online retailers like Amazon should charge sales tax on purchases, even if the seller and buyer aren’t in the same state. A majority of Americans do at least some shopping online, and they are not fans of taxing those purchases.
Hartford, the state capital of Connecticut, is close to declaring bankruptcy, saying it won't be able to pay all its bills within 60 days. But just as they did when Detroit was nearing bankruptcy in 2013, Americans don’t want the government getting involved.
Even as the fight over charging sales tax for online retailers ensues in Congress, Americans still think sales tax is the most fair type of tax they pay. But they’re nearly as likely to see income tax as both the most (and least) fair type of tax today.
Now that Donald Trump is in the White House, fewer voters think the president will raise taxes compared to when he was on the campaign trail. But slightly more voters see a Trump White House with more government spending.
President Trump has promised to cut taxes. Voters are generally on board, but Democrats are less convinced now of the economic benefits of doing so.
Despite a month-over-month drop in economic confidence, consumers continue to look more favorably upon the economy and their own personal finances than they have in years past.
President Donald Trump this week expressed his desire to slash the U.S. corporate tax rate from a high of 35% to 15% in order to boost job growth and help middle-class Americans.
Americans still think it’s a prime gig to work for the feds these days.
With the Dow Jones continuing to reach all-time highs and unemployment at its lowest level in years, consumers aren’t just feeling better about the economy and their own personal finances. They’re starting to feel better about spending, too.
The Dow Jones Index has been enjoying record highs since Donald Trump was elected president, but most Americans remain on edge that the stock market could collapse again.
While unemployment is trending down and Americans are more upbeat about their job prospects than they have been in years, that doesn't mean they expect a bigger paycheck.
Despite some recent studies that suggest otherwise, Americans feel more strongly that raising the minimum wage is a good economic move and are more likely to believe it should be a living wage.
With the Dow closing at new highs this week and unemployment down, Americans are more confident than they have been in years that it’s possible for just about anyone to find a job - and even get rich - in America.
Consumers are seeing green again when it comes to rating the economy and their own personal finances, but that doesn’t necessarily mean they’re ready to start spending more.