‘Thanks Donald!’ US consumer confidence reached 15-year high in December, Trump takes victory lap

American consumers haven’t been this happy in more than 15 years and Donald Trump is glad to take the credit.

The U.S. Consumer Confidence Index climbed nearly four points, from 109.4 in November to 113.7 in December, the highest level since 2001, Fox News reported.

The President-elect gave himself a pat on the back for the surge, tweeting “Thanks Donald!” on Tuesday.

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Apparently, Americans agree with Trump, indicating more optimism about the incoming administration.

According to the report from the New York-based Conference Board, consumer expectations for the future hit a high of 105.5, the highest since December 2003, from 94.4.

The “post-election surge in optimism” was strongest among Americans who were older, Director of economic indicators at the Conference Board Lynn Franco said.

Following the Christmas shopping season, Trump also commented on the increase in spending since his election victory.

“The election of Donald Trump has raised household expectations for the economy to a very high level,” Stephen Stanley, chief economist at Amherst Pierpont Securities, wrote, according to Fox. “It remains to be seen whether Trump can deliver.”

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Many Americans, who have let their wallets do the talking,  have no doubt he can.

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Frieda Powers


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