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Republicans expect the U.S. economy to boom and Democrats see a bust after Donald Trump’s election as president, a sharp reversal from sentiment a few months before the vote, according to a University of Michigan consumer survey.

American consumers were the most upbeat about the economy in January than at any time in almost 15 years, according to Bloomberg Consumer Comfort Index figures released Jan. 19.

The cost of living in the United States climbed for a fifth month on the back of shelter and fuel prices, pushing inflation closer to the Federal Reserve’s goal.

Consumer confidence was little changed in January from its highest level since the start of 2004, showing Americans are still optimistic that fresh economic policies will spur growth.

Holiday shoppers abandoned their early reluctance and boosted spending as the season wore on, pushing U.S. sales to the biggest increase in more than a decade, according to research firm Customer Growth Partners.

The cost of living in the U.S. rose for a fourth straight month, adding to signs that inflation is approaching the Federal Reserve’s goal.

Consumer confidence jumped more than forecast this month as Americans expressed the sunniest picture of their financial situation in 11 years, extending a boost following Donald Trump’s presidential election victory.

Household wealth in the United States accelerated in the third quarter, driven by higher financial assets and real estate values, figures from the Federal Reserve showed Dec. 8.

Consumer confidence improved during the week ended Dec. 3 as Americans felt the most optimistic about the U.S. economy since early last year, figures from the weekly Bloomberg Consumer Comfort Index showed Dec. 8.

Personal spending increased at a more moderate pace in October after the biggest gain in five months, while faster income growth signaled demand will be sustained.