• İstanbul 15 °C
  • Ankara 9 °C

US consumer confidence up in September

US consumer confidence up in September
Consumer Confidence Index hits 108, increasing for second straight month

By Aysu Bicer

ANKARA (AA) - US consumer confidence went up in September for the second consecutive month, according to data released Tuesday by the New York-based global research group The Conference Board.

The Consumer Confidence Index now stands at 108, up from 103.6 in August.

"Consumer confidence improved in September for the second consecutive month supported in particular by jobs, wages, and declining gas prices," said Lynn Franco, the senior director of economic indicators at The Conference Board.

"Concerns about inflation dissipated further in September -- prompted largely by declining prices at the gas pump -- and are now at their lowest level since the start of the year,” she added.

Meanwhile, the Present Situation Index, based on consumers’ assessment of current business and labor market conditions, increased to 149.6 from 145.3 last month.

The Expectations Index, based on consumers’ short-term outlook for income, business, and labor market conditions, also rose to 80.3 from 75.8.

source: News Feed
This news is a total 39 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim