Updated: Apr 29, 2021, 1:12pm Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn t affect our editors opinions or evaluations. Shoppers wait to enter a store in New York City on April 28. China News Service via Getty Images
In his first address before Congress on Wednesday, President Joe Biden remarked that as he reaches 100 days in office, “America’s ready for a takeoff.” It appears that much of the nation is feeling the same way.
Consumer confidence reached 61.4 this week (out of 100), according to the Forbes Advisor-Ipsos Consumer Confidence Weekly Tracker. That’s a new pandemic high, and it’s 10 points above the pandemic average.