Consumer Confidence Is Soaring Among Americans—Especially Richer Americans

Quartz: “US consumer confidence is at at a 16-year high, surpassing the levels reached before the 2008 financial crisis and rivaling the heady days of the dot-com boom. But not everybody is feeling equally buoyant.”

While people in all income groups have grown more optimistic since 2009, only higher-income consumers have surpassed the confidence levels registered before the financial crisis. Last month, confidence among Americans with a household income above $50,000 surged ahead of pre-financial crisis highs. Households that make less than that have yet to recover all that lost ground.”

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