Americans are emerging from a yearslong funk about the economy, with the presidential election just a week away.
The Conference Board’s latest consumer survey showed that Americans this month became more optimistic about the future of both the labor market and the broader US economy. The monthly survey’s Consumer Confidence Index jumped in October by the fastest clip since March 2021.
“October’s increase in confidence was broad-based across all age groups and most income groups,” Dana Peterson, The Conference Board’s chief economist, said in a release. “The proportion of consumers anticipating a
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