The confidence level among Americans reached an all-time high in April, suggesting strong economic growth in the coming period. The Consumer Confidence Index rose to 128, surpassing the April estimate of 125.6. As per the Conference board, the confidence level has touched an 18-year high. This is better than March, when the index stood at 127.
Americans were optimistic about their finances and felt that cracking jobs has become comparatively easier.Consumer Confidence Jumps to 18-Year High: ETFs to Watch
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