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Consumer confidence Jumps to highest level since December 2000

Trump

October 31.2017
one small voice

Ridgewood NJ, Consumer confidence rose to 125.9 in October, according to the Conference Board. The rating is at the highest level since December 2000.This accounts for Americans’ views of current economic conditions and their expectations for the next six months.

Consumers were even more optimistic in October than economists polled by Reuters expected. Boosted by the job market which had not received such favorable ratings since the summer of 2001.The economic weight of Hurricanes Harvey and Irma pulled down the spirits of U.S. consumers in September, when the index was relatively flat.The high level of confidence suggests the economy will continue to expand for the rest of 2017,

The index takes into account Americans’ views of current economic conditions and their expectations for the next six months. Economists pay close attention to the numbers because consumer spending accounts for about 70 percent of U.S. economic activity.

6 thoughts on “Consumer confidence Jumps to highest level since December 2000

  1. Make Consumer Confidence Great Again…

  2. You’re not by any stretch of the imagination suggesting that our nut case president is responsible, are you?

  3. Religion of peace.

  4. He’s much better than Obama any day the week. Does she have something to do with it well the talk on Wall Street where I work so I’m say yes believe it or not

  5. Rolling back liberal progressive Obama era over-regulation and drafting new laws to streamline the income tax mess and generally providing an optimistic message to businesses….!
    has nothing to do with it 12:55?
    You obviously never created a business of your own.
    You are a typical socialist.

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