Highest percentage of Americans hopeful for better finances in 4 years.

TLDR: The percentage of Americans expecting an improved financial situation has reached its highest level in almost four years, according to a recent survey. In the January 2024 Survey of Consumer Expectations, conducted by the Federal Reserve Bank of New York, 34.1% of respondents said they expected to be better off financially one year from now. This is the highest level since February 2020. Additionally, more Americans reported that they are currently better off financially than they were a year ago, with 23.8% saying they were either much better off or somewhat better off. This is the highest level since October 2021. These findings are good news for the Biden administration, which has emphasized the strength of the economy.