Consumer confidence extends winning steak for fifth straight month

Consumer confidence increased for a fifth consecutive month and remains at a 17-year high. Consumers’ assessment of current conditions improved moderately, while their expectations regarding the short-term outlook improved more so, driven primarily by optimism of further improvements in the labor market. Consumers are entering the holiday season in very high spirits and foresee the economy expanding at a healthy pace into the early months of 2018.

READ MORE