Consumer Confidence on the Rise

2020-09-30T17:19:47-07:00

Confidence is on the rise. The Conference Board’s Consumer Confidence Index jumped to 101.8 from August’s 86.3, beating estimates by the most since November 2011 and delivering the largest month-over-month increase since April 2003. Not surprisingly, the majority of the previous largest monthly increases occurred at the end of a recession or beginning of a new expansion. [...]