Subscribe Register Login

Monday, September 01, 2014, 3:57 a.m.
Top Picks - Mobile App

U.S. consumer confidence at highest in more than 4 years

By The Associated Press

This article was published November 27, 2012 at 9:06 a.m.

— U.S. consumer confidence rose this month to its highest level in almost five years, pushed up by steady improvement in hiring.

The Conference Board said Tuesday that its consumer confidence index rose to 73.7 in November from 73.1 in October. Both are the best readings since February 2008.

Americans are more optimistic because the see the job market getting better. Employers added 171,000 jobs in October, and more jobs were created in August and September than first thought.

The survey is watched closely because consumer spending drives nearly 70 percent of economic activity. It is still below 90, which is consistent with a healthy economy. It last reached that level in December 2007. The index is far above the all-time low of 25.3 touched in February 2009.

Comments on: U.S. consumer confidence at highest in more than 4 years

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Sales rep

    russellville need a fulltime salesman in russellville to ca...
    Russellville, AR

  • Forestry

    forestrytrees Are Us , LLC, Warren, AR is now hiring 65 temp...
    WARREN, AR

  • Hr/payroll

    is currently accepting applications for:•Director of Campus ...
    LITTLE ROCK, AR

  • Engineer / draftsman

    engineer/draftsmanfull time Mechanical/Industrial Engineer, ...
    DE WITT, AR

  • Sales

    HELLO!We Need Independent Representatives Earning Potential...
    LITTLE ROCK, AR

Search 1128 jobs >

Top Picks - Mobile App
Arkansas Online