Consumer and Investor Confidence Now at 2009 Peak Levels

The Rasmussen Consumer Confidence Index, rose to its highest reading so far this year on Wednesday. At 79.9, the index is now at its highest level since just a few days after the Lehman Brothers collapse — which many analysts mark as the start of last year’s financial crisis. The consumer index (which is refreshed daily) is now up 20 points from the start of 2009.

The Rasmussen Investor Index, also spiked up two points on Wednesday. The investor confidence guage is now up 23 points from the beginning of the year.

The consumer reading is more evidence that Q3 GDP growth will likely be much stronger than most economists expect or are currently predicting.

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