Are Americans Becoming More Optimistic About The Economy?
Consumer sentiment rose more than expected to 97.8 in the first half of March, says Business Insider.
Increasing optimism was reportedly concentrated among lower- and middle-class households.
The gains come after disappointing sentiment readings at the beginning of 2019.
One economist said, "The slowing in consumption in recent months is more likely to be a transition to a sustainable pace." Consumers appear to have shaken off some of the strains from the "fading stimulus, and the partial government shutdown."