Conference Board’s confidence index is on a seventeen year peak

By: Trademagazin editor Date: 2017. 10. 31. 11:00

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U.S. consumer confidence increased more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market.

The New York-based Conference Board’s confidence index increased to 125.9 points, the highest since December 2000, from the 120.6 points of September.

The consumer expectationsindex increased to 109.1 points, a seven-month high, from 103 points. (MTI)