Consumer Confidence Surges In October To Highest Level Since 2004

Print pagePDF pageEmail page

MITECHNEWS.COM Staff writer

Consumer sentiment surged in October, reaching its highest level since the start of 2004, according to the University of Michigan Surveys of Consumers.

This was only the second time that the Sentiment Index was above 100.0 since the end of the record 1990s expansion. The October gain was due to the most favorable assessments of the financial situation of consumers since 2000, said U-M economist Richard Curtin, director of the surveys.

For the article please click on   http://bit.ly/2yYtGGK

 

One thought on “Consumer Confidence Surges In October To Highest Level Since 2004”

  1. Thank you Dr. John for helping publicize this very important scientific evidence. It goes against the popular belief about consumer sentiment in this country.

Leave a Reply

Your email address will not be published. Required fields are marked *