HomeLive CommentsUS consumer confidence rose to 138.4, 18-year high

US consumer confidence rose to 138.4, 18-year high

US Conference Board Consumer Confidence Index rose to 138.4 in September, up from 133.4 and beat expectation of 130.5. Present Situation Index rose to 173.1, up from 172.8. Expectations Index, on the other hand, further to 115.3, up from 109.3.

Lynn Franco, Director of Economic Indicators at The Conference Board, said in the release “After a considerable improvement in August, Consumer Confidence increased further in September and hovers at an 18-year high.” It’s also “not far from the all-time high of 144.7 reached in 2000.”

Also from US, house price index rose 0.2% mom in July. S&P Case Shiller 20 cities house price rose 5.9% yoy in July.

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