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42%  
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  • U.S. consumer confidence jumps as current views hit 18-year high

    02/27/2019 2:30:43 PM PST · by spintreebob · 9 replies
    Ad Age ^ | 2/26/19 | Bloomberg News
    Credit: iStock U.S. consumer confidence improved in February, topping all forecasts and snapping a three-month losing streak, after the U.S. government ended the longest shutdown in the country's history and the trade war edged toward a resolution. The confidence index climbed to 131.4 from 121.7, the New York-based Conference Board said in a report Tuesday. That compared with a Bloomberg survey of economists that called for a rise to 124.9. The measure gauging Americans' views on present conditions rose to an 18-year high while consumer expectations posted the largest monthly gain since 2011. Key insights • The increase comes amid...