Conference Board: consumer confidence index in the USA in October steadily increased



According to a report by research company Conference Board consumer confidence index in the U.S. in October rose to 125.9 120.6 points versus the previous month.

Analysts had forecast the October figure at 121.1 compared to the originally announced September 119.8.

The assessment of the current situation in October increased to 151.1 146.9 against last month.

The expectations index rose to 109.1 103.0 against in September.

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 USA in October steadily increased 31.10.2017

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