Economics
U.S. Consumer Confidence Sees Surprise Jump as Delta Concerns Ease
- Index climbs for first time since June to 113.8, board says
- Plans to buy cars, homes, appliances and vacations rose
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U.S. consumer confidence rose in October for the first time in four months as concerns around the delta variant eased.
The Conference Board’s index advanced to 113.8 from an upwardly revised 109.8 reading in September, according to the group’s report Tuesday. Economists in a Bloomberg survey had called for a drop to 108.