Consumer Confidence Rises; Gain Is Highest Since August
onsumer confidence rose by the largest amount in seven months in early March, the Associated Press reported Friday.
The measure in the AP-Ipsos consumer confidence index rose to 84.2 in early March, up 6.4% a February reading of 79.1. It was the largest monthly gain since 13.9% in August.
Americans’ economic confidence was boosted by a surge in hiring, AP said, and the rebound came from stronger confidence about current economic conditions, job prospects and personal finances.
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