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Your Turn: Are You Confident About The Economy?

by Countable | 10.16.17

Consumer sentiment exploded to a 13-year high in October, reaching numbers not seen since 2004.

The University of Michigan consumer sentiment index measures 500 consumers’ attitudes on future economic prospects related to personal finance, spending, and overall business climate.

Increases in sentiment was found across all age groups, income levels, and political beliefs.

Trump touted the positive report, tweeting:

This surge of consumer confidence is joined by a number of other positive economic indicators:

Are you feeling this economic feast? Or are you experiencing an economic famine? Countable wants to move past the percentages and hear from you Comment below, letting us know if you’re experiencing a 13-year economic high.

—Josh Herman

(Photo Credit: jansucko / iStockphoto)

Countable

Written by Countable

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(509)
  • Michael.J.L
    10/16/2017
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    Kind of hard to be confident in an economy run by officials who don't understand economics.

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  • Lawrence
    10/16/2017
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    No, not under this President and Administration.

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  • Linette
    10/16/2017
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    No. It is a balloon waiting to explode.

    Like (139)
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  • Jeanette
    10/16/2017
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    Not at all confident. Our representatives in Congress are too busy lining their own pockets to worry about the people that put them there.

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  • Sheryl
    10/17/2017
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    I was frankly shocked to read this. I even checked to make sure it was a legitimate study. NO, I am NOT feeling confident about our future. This must be a bubble. My wages have been stagnant for years and I’m still living check to check. Nothing trickling down into my bank account.

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  • Eric
    10/16/2017
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    No Glass-Steagall no confidence

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  • Robert
    10/17/2017
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    This economy is doomed. The stock market is running on speculation and deregulation promises. This is a bubble that will lead to a crash. The only losers will be the tax payers .

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  • Brad
    10/17/2017
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    I'm not an Economist but, I do own a small business and I'm basically booked out through next year for the first time in a long time. And I know that just about every other trade is in the same shoes. If this keeps up I might actually be able to hire more people and grow my business. I do well when the people have more money to take care of their needs. I guess that's a win win

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  • Frederick
    10/16/2017
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    I have greater confidence under Trump, but it is still far away from where it should be. The Government has been running around with a blank check for far too long. More cuts on spending need to be implemented.

    Like (44)
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  • Carol
    10/17/2017
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    I’m not confident. How can you be with a madman in office.

    Like (42)
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  • Joan
    10/17/2017
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    I’m not confident. There are too many wild cards at play, both programmatically and in what would normally be called leadership. No one knows what they are doing. Checks and balances put in place to protect citizens are being systematically removed, ultimately benefitting only corporations and the 1%. The chances for failure are high.

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  • Dustin
    10/17/2017
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    The economy is being stimulated by the policies President Obama put in place. President Trump’s economic policies haven’t even been executed, once they do, watch out average American. Your buying power will weaken.

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  • Patricia
    10/17/2017
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    Not confident. Not with this crazy person in the Oval Office and this horror of A House and Senate

    Like (31)
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  • Marcus
    10/16/2017
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    The stock market may be at all time highs, but data suggest we are at the end of a bull market and correction in the bond market, tech, student loans, auto loans and possible housing market is around the corner this fall. Before the holidays it’s going to look scary around here. Fed wants to raise rates but they still keep the market propped up with QE, which is not real growth in the stock market.

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  • Meg
    10/17/2017
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    Um, are you kidding me with this question? This is the age of #NotMyPresident. Let’s lower that bar. Get it right on down there, just above worm-level. How about “are you confident about the survival of the human race?”

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  • Eli
    10/17/2017
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    I feel very happy with the economy right now. Jobs are booming, stocks are rising, and it’s just all around good! Running the gov’t is like really running a business, so thank you Mr. Trump!

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  • David
    10/17/2017
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    No confidence with Trump and a Republican administration and Congress. History shows the Republican handling of the economy is usually disastrous

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  • John
    10/17/2017
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    No, considering the incompetence in leadership, and the enabling of policies that will allow abusive power for corporate and private interests

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  • Deirdre
    10/17/2017
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    Not at all!

    Like (22)
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  • Diane
    10/17/2017
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    I think we’re headed for a recession soon. Hopefully it won’t be a full fledged depression.

    Like (22)
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