Soaring Consumer Confidence: Are Americans Happy It’s Trump, or Just Happy It’s Over? Luke Kawa and Julie Verhage

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Soaring Consumer Confidence: Are Americans Happy It’s Trump, or Just Happy It’s Over?

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How a Trump Presidency May Benefit U.S. Retailers

How a Trump Presidency May Benefit U.S. Retailers

On the surface, the message from the University of Michigan’s final reading of consumer sentiment for November is that President-elect Donald Trump will fix what ails the nation — fast.

The consumer expectations index of the survey rose by 8.4 points from October to 85.2 — a one-month gain last exceeded in the December 2011 — a testament to households’ optimistic view on the outlook for the U.S. economy and their own pocketbooks.

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