U.S. consumer confidence improves on better economic outlook

Source: Bloomberg
Last week consumer confidence almost hit its six-month high, since consumers become more optimistic about the economic outlook for the U.S. The report released by the Conference Board showed the consumer confidence index surged from 68.4 in September to 72.2 the prior month. The Bloomberg Comfort index slightly decreased to minus 34.7, yet advancing from its low in mid-April. The confidence was bolstered by lowered fuel prices and prosperous housing.

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