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US Consumer Confidence Jumps to Seven-month High

avatar By Jeanne Goddard

26 Sep 2012 34 views
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US Consumer Confidence Jumps to Seven-month High
Consumer confidence jumped to its highest level in seven months in September as Americans were more optimistic about the job market and income prospects. The index spiked to 70.3 this month from an upwardly revised 61.3 in August.

Consumer confidence jumped to its highest level in seven months in September as Americans were more optimistic about the job market and income prospects, a private sector report showed on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes rose to 70.3 from an upwardly revised 61.3 in August. It was the highest level since February and topped economists' expectations for a much lower 63.

(READ the story from NBC News)

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