Tag Archives: confidence

Thanks Donald!

by EdwinaGrimstone Posted on December 28, 2016

Mother Jones

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Today in Trump:

The U.S. Consumer Confidence Index for December surged nearly four points to 113.7, THE HIGHEST LEVEL IN MORE THAN 15 YEARS! Thanks Donald!

Gee whiz, Donald. Thanks indeed! But maybe you should get back to us after you preside over an eight-year rise from 25 to 109. I’m sure that teensy little one-month blip at the end of the chart was all your doing, but even kindergartners usually fill a whole page with their finger painting before begging for praise from the teacher.

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Thanks Donald!

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Chart of the Day: Hooray for the Economy!

by ChristeCarder Posted on December 30, 2014

Mother Jones

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Yesterday featured several gloomy posts—strictly a coincidence, I assure you—so today here’s some good news. Matt Yglesias passes along the word that for the first time since the Great Recession, Gallup’s Economic Confidence Index broke into positive territory this week. Here’s Gallup’s explanation for the steady rise since mid-September:

While various factors likely contribute to the rise in economic confidence, the weekly average price of gas in the U.S. began to fall precipitously in the late summer and, over the last four months, the price has fallen by nearly 30% — an economic boon to most Americans. In fact, for the week of Dec. 22, the average price of gasoline was as low as it has been since the first half of 2009. Additionally, the U.S. stock market rose in December to its highest levels in history while Gallup’s unemployment rate fell to the lowest since its daily tracking began in January 2008.

So there you have it. A little late to help Democrats in the November midterms, but not too late for 2016.

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Chart of the Day: Hooray for the Economy!

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