Contact Us

US Consumer Confidence Jumps to 7-month High

Money (FILE)
Clipart

NEW YORK (AP) – A private group says U.S. consumer confidence jumped this month to the highest level since February, bolstered by a brighter hiring outlook.

The Conference Board says its Consumer Confidence Index rose to 70.3. That’s up from 61.3 in August, which was revised higher. And it’s the highest reading since February, when the economy added 259,000 jobs.

The indicator is watched closely because consumer spending drives nearly 70 percent of economic activity. The reading is still below 90, a level that indicates a healthy economy. Since the beginning of the year, the index has fluctuated sharply.

The survey was conducted from Sept. 1 through Sept. 13. It showed consumers were more optimistic about the current availability of jobs and their outlook over the next six months.

More US & World News

Copyright 2012 by The Associated Press. All rights reserved. Material may not be redistributed.

Best of Hot 104.7

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://hot1047.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Hot 104.7 VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Hot 104.7 VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.