Americans' confidence is soaring: Consumer confidence for the month of October surged to the highest level since December 2000. The month's overall reading rose to 125.9, a tick above the previous high set in March.
The share of respondents who say jobs are plentiful rose to 36.3 percent, the most since June 2001. People reporting good business conditions increased to 34.5 percent, matching the highest since 2001.
Consumers aren’t as optimistic about the future as they are about the present, however. When it comes to the present, consumers haven’t been this optimistic since July 2001, with a reading of 151.1. When it comes to the future, though, the number is just 109.1, and confidence levels still have yet to surpass the recent highs from last March.
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