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Data: Hamilton Place Strategies, CivicScience; Chart: Axios Visuals

Consumer confidence picked up in the second half of August as confirmed coronavirus cases declined from record high levels.

By the numbers: Overall consumer confidence jumped 3.4 points in the past two weeks to 50.0 in the latest HPS-CivicScience Economic Sentiment Index, its highest reading since mid-March.

  • Confidence in the overall U.S. economy jumped 6.6 points to 52.8. 
  • Confidence in finding a new job rose 4.8 points to 40.4, while confidence in making a major purchase rose 3.3 points to 46.4.

A similar survey that tracks daily changes from data provider Morning Consult also found consumer confidence had risen to its highest since the pandemic began roiling the United States.

Why it matters: Closely watched reports from the University of Michigan and the Conference Board that survey consumers through the middle of the month have shown confidence stagnating at yearslong lows in recent months.

  • The new data suggest that the end of August marked a defined uptick.

Of note: While overall confidence has rebounded to pre-pandemic levels, the HPS-CivicScience data show confidence in finding a job and in personal finances remain significantly lower.

Go deeper

Nov 24, 2020 - Health

Axios-Ipsos poll: COVID Thanksgiving

Data: Ipsos/Axios survey; Chart: Axios Visuals

Six in 10 Americans are dialing back this year's Thanksgiving plans because of the pandemic — cutting guest lists, canceling travel or scrapping Turkey Day altogether — in the latest installment of the Axios/Ipsos Coronavirus Index.

The big picture: This greater willingness to turn inward and exercise caution around the holidays comes amid signs of increased trust in the Centers for Disease Control and Prevention and a growing confidence there will soon be a safe and effective vaccine available in the U.S.

Georgia governor declines Trump's request to overturn election result

Georgia Gov. Brian Kemp. Photo: Elijah Nouvelage/Getty Images

Georgia Gov. Brian Kemp pushed back on Saturday after President Trump pressed him to help overturn the state's election results.

Driving the news: Trump asked the Republican governor over the phone Saturday to call a special legislative session aimed at overturning the presidential election results in Georgia, per the Washington Post. Kemp refused.