Consumer sentiment in October highest in seven years

Consumer confidence posted its third consecutive monthly gain in October, rising to its highest level since July 2007, according to the Thomson Reuters/University of Michigan Surveys of Consumers. …

“Consumers have been gradually regaining their economic footing in the past several months, with confidence rising to the highest level since the start of the Great Recession,” said Richard Curtin, director of the surveys. CONT.

Institute for Social Research, U. of Michigan

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