Consumer Confidence At 18 Year High … Hits 138.4 in September 2018 vs. 132 Estimate



According to CNBC, the Consumer Board’s index rose to 138.4 this month from 134.7 in August. Consumer confidence is at an 18 hear high and near the all-time high of 144.7 set in 2000. The survey measures Americans’ sentiment on current economic conditions and prospects for the next six months, including business and labor market conditions. It is just another economic indicator of just how well the economy has been going during the Donald Trump presidency.

At some point America you have to realize that it is the Donald Trump and the Republicans in control in the House and Senate that are making this all happen.

Consumer conference at 138.4 in September, best read in 18 years from CNBC.

Consumer confidence rose in September, notching its highest level in about 18 years.

The Consumer Board’s index rose to 138.4 this month from 134.7 in August. Economists polled by Reuters expected consumer confidence to dip to 132.

“Consumers’ assessment of current conditions remains extremely favorable, bolstered by a strong economy and robust job growth,” said said Lynn Franco, director of economic indicators at the Conference Board. “These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they begin gearing up for the holiday season.”

Franco added September’s index print is near the all-time high of 144.7 reached in 2000.

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