More Americans are feeling better about their finances—here's why, in 5 charts
Publishing timestamp: 2024-02-20 10:10:19
Summary
Americans are suddenly much more optimistic about the economy, with positive sentiment surging by 29% since December. Factors contributing to this optimism include wage growth, low unemployment, slowing inflation, and stock market performance. While consumer sentiment has improved, it is still below pre-pandemic levels, and inflation remains above the Fed's target.
Sentiment: POSITIVE
Tickers: MS,
Keywords: morgan stanley, labor economy, prices, personnel, economic events,
Source: https://www.cnbc.com/2024/02/20/charts-why-americans-are-more-confident-about-the-economy.html