ADVERTISEMENT

WINNING: US consumer confidence rises to 18-year high

gjbankos

Well-Known Member
Jan 16, 2006
59,362
38,375
1
And as a bonus - here is a thread that has nothing to do with that snake in the grass McCain.

Americans’ consumer confidence rose in August to the highest level in nearly 18 years as their assessment of current conditions improved further and their expectations about the future rebounded.

The Conference Board reported Tuesday that its consumer confidence index rose to 133.4 in August, up from a reading 127.9 in July. It was the highest reading since confidence stood at 135.8 in October 2000.

Consumers’ confidence in their ability to get a job and the overall economy are seen as important indicators of how freely they will spend, especially on big-ticket items such as cars, in coming months. Consumer spending accounts for 70 percent of economic activity.

https://apnews.com/a9444498173d4f42a52c83adb947fa74/US-consumer-confidence-rises-to-18-year-high
 
  • Like
Reactions: Sullivan
ADVERTISEMENT
ADVERTISEMENT

Go Big.
Get Premium.

Join Rivals to access this premium section.

  • Say your piece in exclusive fan communities.
  • Unlock Premium news from the largest network of experts.
  • Dominate with stats, athlete data, Rivals250 rankings, and more.
Log in or subscribe today Go Back