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In the last couple months, Americans' sour sentiment has grown a lot sunnier.
Why it matters: Since the pandemic, U.S. consumers have consistently reported depressed economic sentiment, despite that fact that America's economy has staged a better recovery from COVID than the rest of the world's rich nations have.
State of play: Starting two months ago, America's mood started heading back up.
A University of Michigan index that tracks consumer sentiment has surged more than 28% since November.
Context: Since the late 1970s, the only other period of such a rapid two-month turnabout came in March 1991, amid the good feeling that permeated the country after the victory of the U.S. and its allies against Iraq in the first Gulf War.