A customer looks over an unsold 2024 Cooper S John Cooper Works convertible on the showroom floor of a Mini dealership on Nov. 30, 2023, in Loveland, Colo.
Consumer confidence has surged in the last three months, though there is still some reluctance to make big-ticket purchases like cars and homes.
  • After months of anxiety, consumer confidence has rebounded to a two-year high, according to one index.
  • There's been a surge in short-term spending, and fewer Americans are worried about a recession.
  • Holiday spending helped spur economic growth, though large purchases are still lagging behind.

American consumers, fresh off strong holiday spending, are feeling more confident than they have in two years.