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US Consumer Confidence Climbs to Highest Since End of 2021.. This is BFD!
(Bloomberg) -- US consumer confidence increased in January to the highest level since the end of 2021 as Americans grew more upbeat about the economy and the job market amid more sanguine views about inflation.
The Conference Board’s gauge of sentiment increased to 114.8 from a revised 108 a month earlier, data published Tuesday showed. The January figure matched the median estimate in a Bloomberg survey.
A gauge of current conditions surged to the highest since March 2020. The measure of expectations rose to a six-month high. Consumers expected the inflation rate to average 5.2% in the next 12 months, the lowest level since March 2020.
The Conference Board’s gauge of sentiment increased to 114.8 from a revised 108 a month earlier, data published Tuesday showed. The January figure matched the median estimate in a Bloomberg survey.
A gauge of current conditions surged to the highest since March 2020. The measure of expectations rose to a six-month high. Consumers expected the inflation rate to average 5.2% in the next 12 months, the lowest level since March 2020.
https://www.msn.com/en-us/money/markets/ar-BB1huIOC
If this keeps up Joe will win. Its still the economy stupid!
