Conference Board: consumer confidence index in the U.S. in November reached a 17-year high



According to a report by research company Conference Board consumer confidence index in the U.S. in November rose to 129.5 126.2 points versus the previous month, reaching the highest level since November 2000.

Analysts had forecast the November rate at the level of 123.9 in comparison with initially announced in October 125.9.

The assessment of the current situation in November increased to 153.9 152.0 against last month.

The expectations index rose to 113.3 109.0 against in October.

Consumer confidence is one of the key economic indicators of the United States, which reflects the confidence of Americans in the future and, accordingly, their willingness to spend money to purchase consumer goods and services in the near future. The indicator is calculated on the basis of a survey of about 5 thousand American families, who traditionally respond to two basic questions: how favorable, in their opinion, are the conditions for employment and business development in the US currently.




Conference Board: consumer confidence index in the U.S. in November reached a 17-year high 28.11.2017

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