The US economy continues to roar to life under President Trump and the Republican-controlled Congress; with consumer confidence reaching its highest levels in over 14 years as more Americans feel optimistic about their finances.
According to the Wall Street Journal, the consumer-sentiment index reached 102 in March; the highest level seen since 2004. Data also shows the index inching up in February as well, reaching an already-healthy score of 99.7.
“Consumers continued to adjust their expectations in reaction to new economic policies,” said Richard Curtin, the study’s senior economist.
The strong economic data signals the US economy is in full-swing following the recently passed GOP tax cuts and booming stock market.
The sweeping overhaul is widely praised by economists and a majority of working Americans who are seeing higher wages, big bonuses, and expanded benefits just months after the President signed the overhaul of the nation’s outdated tax code into law.