Consumer confidence hit an 18-year high in September, a positive indicator for spending going into the holiday shopping season, as robust job growth and a strong economic outlook bolstered Americans’ expectations for the future.

The Conference Board, a private research group, said Tuesday its index of consumer confidence rose to 138.4, up from 134.7 in August—the highest level since September 2000, which represented the late stages of the 1990s technology boom. An index reading of 100 represents how households saw the economy in 1985.

The report came on the heels of a separate University of Michigan survey that said sentiment jumped in early September to the second-highest level since 2004—behind only the reading in March of this year.

Economists have voiced concerns about trade and tariffs as risks to economic growth over the next 12 months. For consumers, however, the issue isn’t registering.

“We are kind of in a little bit of a Goldilocks moment in the economy. I think things are really strong for the consumer,” said David Jaffe, chief executive of Ascena Retail Group Inc., during an earnings call this week. The company, one of the largest women’s clothing retailers with brands like Dressbarn and Ann Taylor, reported its first positive quarter of overall comparable-stores sales growth in more than three years Monday.