American Economic Optimism Reaches All Time High

Source: Gallup

Gallup published its Mood of the Nation report on Wednesday, based on surveys the company conducts each year in January since 1977. Americans have expressed an unprecedented level of optimism about their future personal financial situation, with 74% of adults predicting they will be better off a year from now. The previous record high was in 1998 during the Internet boom. There is a partisan gap in that report, as 83% of Republicans believe their financial condition will be better in a year, while only 60% of Democrats make that prediction. Independents are in between, at 76%.

59% of Americans also believe that they are better of this year than they were last year, also reaching an all time high in the history of the poll. The lowest ever recorded was 23% in 2009.

Source: Gallup

The full report can be viewed here.