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Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a business research group.
The Conference Board’s consumer confidence index surged to 108.7 in October from 99.2 in September. That’s the biggest monthly gain since March 2021 and blows past analysts’ forecast of 99.3.
“Consumers’ assessments of current business conditions turned positive. Views on the current availability of jobs rebounded after several months of weakness, potentially reflecting better labor market data,”........
© The Hill
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