U.S. President Joe Biden delivers remarks at the St. John Baptist Church in Columbia, South Carolina, on Jan. 28, 2024.
The White House cheered the Conference Board report on Tuesday showing consumer confidence rising to its highest level in more than two years.
Consumer confidence reached its highest level since December 2021, and was up more than 30% since its April 2020 low of 85.7.
The Conference Board's consumer confidence index rose for a third straight month to 114.8 in January, up from a revised 108 in December 2023.
Despite the increasing consumer sentiment, just 33% of voters approve of Biden's handling of the economy, according to CNBC's All-America Economic Survey in December.
Persons:
Joe Biden, Lael Brainard, Donald Trump, Biden's, Trump
Organizations:
St, John Baptist Church, Economic, Biden Administration, America Economic Survey, CNBC, Biden, Trump, CNBC PRO
Locations:
Columbia , South Carolina