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Politics

Consumer Confidence highest in 17 years - Including Obama Reign of Terror

Posted: Nov 10th, 2017 - 6:35 pm

 

Yeah President Trump!  #MAGA

Consumer Confidence Highest in 17 Years October 31, 2017 by Jill Mislinski of Advisor Perspectives The latest Conference Board Consumer Confidence Index was released this morning based on data collected through October 18. The headline number of 125.9 was an increase from the final reading of 120.6 for August, an upward revision from 119.8. Today's number was above the Investing.com consensus of 121.0. Here is an excerpt from the Conference Board press release. “Consumer confidence increased to its highest level in almost 17 years (Dec. 2000, 128.6) in October after remaining relatively flat in September,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions improved, boosted by the job market which had not received such favorable ratings since the summer of 2001. Consumers were also considerably more upbeat about the short-term outlook, with the prospect of improving business conditions as the primary driver. Confidence remains high among consumers, and their expectations suggest the economy will continue expanding at a solid pace for the remainder of the year.”

 

Consumer Confidence



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