US Consumer Confidence Rises Again in September
Source: Associated Press
By Paul Wiseman, AO economics writer
WASHINGTON — Sep 29, 2015, 11:00 AM ET
American consumers were feeling more confident again this month, good news for the U.S. economy.
The Conference Board, a business research group, said Tuesday that its consumer confidence index rose again to 103 in September after surging in August to 101.3. The September reading was the highest since January. Economists had expected the index to fall this month.
Consumers' assessment of present economic conditions hit the highest level in eight years. More than 25 percent of Americans said jobs were plentiful, highest share since September 2007.
Expectations for the future fell slightly. Compared to August, however, a bigger share of Americans said they were planning to buy cars and homes over the next six months.
Read more: http://abcnews.go.com/Business/wireStory/consumer-confidence-rises-september-34124461
