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US Consumer Confidence Surges to 91.7, but Spending Plans Remain Weak
US Conference Board Consumer Confidence Index jumped from 84.2 to 91.7 in October, substantially exceeding market expectations of 81.2 and recovering to its June level. The 7.5-point increase reflected improvements in both current economic assessments and expectations for the coming six months. Present Situation Index climbed from 111.8 to 120.4, while Expectations Index recovered from […] The post US Consumer Confidence Surges to 91.7, but Spending Plans Remain Weak appeared first on ActionForex .
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