Consumer Confidence Index Improves In October

The Conference Board’s Consumer Confidence Index, which declined last month, advanced in October. The Index now stands at 81.1 (1985=100), up from 77 in September. The widely-watched Expectations Index rose to 90.7 from 88.5. The Present Situation Index increased to 66.8 from 59.7.

“After declining for five consecutive months, the Present Situation Index reversed course in October,” said Lynn Franco, director of The Conference Board’s Consumer Research Center. “A more favorable job ma

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