Tuesday, 25 September 2018

US economy wowing Americans : Consumer confidence near 18-year high

Consumer confidence rose in September to nearly an 18-year high. The Conference Board's index climbed to 138.4 in the month, exceeding analysts' expectations and higher than August's 134.7. "The September reading is not far from the all-time high of 144.7 reached in 2000. Consumers' assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job growth," Lynn Franco, director of economic indicators at The Conference Board, said in a statement.

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