might be the main reason
In recent weeks, Americans have become increasingly optimistic about the economy. This surge in optimism comes on the heels of an improving employment picture, strong economic growth, and benign inflation. Inflation has remained relatively subdued, hovering near historic lows, and economists predict it is unlikely to spike in the near future. This has encouraged consumers to increase their spending and has led to more confidence in the economy. As a result, Americans have become more optimistic about the economic outlook and are more willing to make purchases. This is leading to increased consumer demand and businesses have also become more confident about investing in new projects and hiring more people.