June 16, 2017

US Consumer Confidence Continues To Soar

by Jharonne Martis

WASHINGTON, DC – American consumer confidence is at the strongest level observed in over seven years according to the June 2017 Thomson Reuters/Ipsos Primary Consumer Sentiment Index. The index currently stands at 62.8, which is over a point higher than last month and roughly five points higher than this time last year.

Jharonne Martis, Director of Consumer Research at Thomson Reuters, said, “This positive confidence is also reflected in our Thomson Reuters data. The estimated earnings growth rate for the S&P 500 is a robust 8.3% growth for Q2 2017.”

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