Hot Topics :
shutterstock_137342978.jpg

Consumer confidence hits highest level since December 2000

Consumers were even more optimistic in October than economists polled by Reuters expected.

Consumer confidence rose to 125.9 in October, according to the Conference Board.

The index “increased to its highest level in almost 17 years,” Lynn Franco, Director of Economic Indicators at The Conference Board, said in a statement. That was in December 2000, when the index hit 128.6.

The economic weight of Hurricanes Harvey and Irma pulled down the spirits of U.S. consumers in September, when the index was relatively flat. In October, “consumers’ assessment of current conditions improved,” Franco said.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to Veritas Updates

Get your daily dose of news & info from Veritas Updates

Sign up to Veritas Updates for FREE and receive our daily emails.

Veritas Updates – The Truth In News

In today’s world, you need a news source you can TRUST from the vantage point of the Deplorables. Real Americans with Real and Unfiltered thoughts and opinions. Join the over 500,000 Americans who receive our daily dose of NEWS THEY CAN TRUST delivered right to your inbox. Sign up to receive nothing but the TRUTH IN NEWS from Veritas Updates.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.