Press ReleaseJanuary 10, 2019

Weekly Pulse: Confidence in Economy Holds Steady

Washington, DC (January 10, 2019) – Roughly half of Americans rate the economy a strong and slightly more say their own personal finances are solid, according to the Job Creators Network/ Weekly Pulse, released today.

“Considering all the recent volatility in the stock market, Americans remain remarkably confident in the economy,” said Job Creators Network Foundation President Elaine Parker.

More than twice as many Americans say companies in their area are hiring compared to those who say local employers are laying off, according to the Pulse.

“The news is awash in economic data that has very little direct relevance to most Americans. The labor market is different,” said pollster Scott Rasmussen. “When Americans are working, and when they see their family, friends and neighbors working, they feel good about the economy.”

The number of Americans who rate the economy as “fair” instead of “excellent” or “good” has increased slightly in recent weeks, a trend that is consistent with other research on economic confidence. Overall confidence in the economy remains steady, however.

“The labor market is strong and wages are rising, and I think that’s what Americans are focused on,” said Parker.

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