U.S. Consumer Confidence at Second-Highest Level Since 2000

U.S. Consumer Confidence at Second-Highest Level Since 2000
By Sho Chandra | August 29, 2017
A pickup in consumer confidence to the second-highest level since late 2000 provide a basis for steady gains in spending, according to figures Tuesday from the New York-based Conference Board.

HIGHLIGHTS OF CONSUMER CONFIDENCE (AUGUST)
Confidence index rose to 122.9 (est. 120.7) from downwardly revised 120 in July
Present conditions measure increased to 151.2, highest since July 2001, from 145.4
Gauge of consumer expectations rose to 104 from 103

“Americans have had much to lift their moods: optimism about the economy, steady hiring and unemployment at a 16-year low, in addition to contained inflation, home-price appreciation and stock-market gains.” …

https://www.bloomberg.com/news/articles/2017-08-29/u-s-consumer-confidence-reaches-second-highest-level-since-2000
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