Consumer Confidence Survey

Consumer Confidence Survey

March Summary

Confidence is holding steady for the third straight month to start 2018, with our index value remaining at the 60-point high mark it hit in January. Approval for the tax law stabilized after rising each of the past three months. While still sky-high, approval among Republicans ticked downward from 89 percent in February to 86 percent this month, becoming a slight drag on the overall rating. Approval among independents (no change at 43 percent) and Democrats (19 percent to 18 percent) stayed more stable.

The overall two-percentage point shave in approval for the tax bill did not move to the other side; disapproval remained at 46 percent. More people this month expressed uncertainty.

Consumer confidence index trend for March 2018

Download full consumer confidence index trend.

Methodology: The most recent SurveyMonkey online poll was conducted March 5-11, 2018 among a national sample of 10,089 adults. Respondents for this survey were selected from the nearly 3 million people who take surveys on the SurveyMonkey platform each day. The modeled error estimate for this survey is plus or minus 1.5 percentage points. Data have been weighted for age, race, sex, education, and geography using the Census Bureau’s American Community Survey to reflect the demographic composition of the United States age 18 and over.

Read more about our methodology.

Topline Archive

March 2018
February 2018
January 2018

Media Coverage

Tax Overhaul Gains Public Support, Buoying Republicans
Poll Finds Upturn in Sentiment on Tax Overhaul and Economy
A Middle-Class Tax Cut? Americans Aren’t Buying It 

February Summary

Consumer confidence is holding steady in the second month of 2018, with our index value remaining at the 60-point high mark it hit in January. Support for the tax law has increased another 5%: now a slender majority, 51%, approves of Republican-led tax reform; 46% disapprove. For the first time, nearly as many strongly approve of the law as are stridently against it (23 vs. 25%).

Though few Democrats approve of the tax law, their support has increased notably since January (13% to 19%); support is also up among Republicans (86% to  89%) and it’s virtually unchanged among independents (42% to 43%).