usmbacker
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US consumer confidence rises to 18-year high
Democrats no doubt love this news....
Quote:WASHINGTON (AP) — 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.
"Expectations, which had declined in June and July, bounced back in August and continue to suggest solid economic growth for the remainder of 2018," said Lynn Franco, director of economic indicators at the Conference Board. "These historically high confidence levels should continue to support health consumer spending in the near term."
Keep reading here...
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| 08-29-2018 11:22 AM |
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UofMstateU
Legend

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RE: US consumer confidence rises to 18-year high
but but but.....that means it would be higher than it ever was under Obama......
this.cant.be.happening
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| 08-29-2018 12:11 PM |
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Lord Stanley
L'Étoile du Nord

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RE: US consumer confidence rises to 18-year high
Trump delivers results.
The tax reform bill, the remaking of the judiciary, repealing regulations, improving economic conditions, both of his picks for the Supreme Court, and the hard screwing of the self-appointed wise philospher kings in DC
Trump is all that stands between them and handing the keys back over to the people inside Washington which would then see money for illegal immigrants, street mimes, public transportation, diversity coordinators and homeless bums.
Vote Trump 2020
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| 08-29-2018 12:16 PM |
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Kaplony
Palmetto State Deplorable
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RE: US consumer confidence rises to 18-year high
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| 08-29-2018 12:27 PM |
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usmbacker
Hall of Famer

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RE: US consumer confidence rises to 18-year high
It is doing great. Winning continues....
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| 08-29-2018 01:23 PM |
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shere khan
Southerner

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RE: US consumer confidence rises to 18-year high
we love our consumer confidence index, dont we folks.
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| 08-29-2018 01:29 PM |
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