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US Consumer Confidence Highest In Nearly Five Years as Economy Adds 171K Jobs

avatar By Jeanne Goddard

02 Nov 2012 35 views
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US Consumer Confidence Highest In Nearly Five Years as Economy Adds 171K Jobs
In October, US consumer confidence hit the highest point since February 2008, and private sector businesses added more jobs than at any time in the last eight months. The Bureau of Labor Statistics reported that the US economy added 171,000 jobs last month, 50,000 more than economists had expected.

In October, US consumer confidence hit the highest point since February 2008, and private sector businesses added more jobs than at any time in the last eight months.

The Bureau of Labor Statistics reported that the US economy added 171,000 jobs last month, 50,000 more than economists had expected.

Figures were also revised upward for the previous two months, logging  84,000 additional jobs.

(READ the details from the Wall Street Journal)

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