Economic Confidence Is At Its Highest Level Since The Pandemic's Outbreak

The IBD/TIPP Economic Optimism Index, a leading measure of consumer confidence, rose for the fourth month in a row. The index reading of 56.4 in April is the highest since the Pandemic's outbreak in March 2020.

Following a reading of 55.4 in March, the index increased by 1.8 percent to 56.4, bringing it closer to the pre-COVID reading of 59.8 in February 2020.