US consumer confidence: the index recovered from a 12-year high The US consumer confidence index published by the Conference Board in October rose to 91.7 points compared to 84.2 earlier (revised up from 81.9). Rates: 8.9% mm and 4.0% yy compared to -5.0% mm and 11.9% yy in the previous year. To compile the index, NFO Research Inc. The Conference Board commissioned a survey of about 5,000 American families. A reading below 100 indicates caution outweighs optimism, while the lower bar is 80, which is usually a sign of an impending recession. The current situation index, based on consumers' assessment of the current state of business and the labor market, rose to 120.4 compared to 111.8 in September. The expectations index based on short-term consumer forecasts for income, business and labor market conditions: 72.6 compared to 65.7 The Conference Board notes: "... The increase in the index is mainly driven by a more positive assessment of the current and expected business conditions. This recovery coincided with a drop in retail gasoline prices between September and October. However, despite the increase in October, consumer confidence remains part of the long-term downward trend observed over the past few years. Consumers plan to reduce services provided for the next six months. Rising prices and continued inflation, which reduce the purchasing power of the population. Consumers continued to express dissatisfaction with the rising cost of living in their comments in October. Mentions of high prices, mainly for food, as well as oil and diesel, became more frequent. The number of references to war and conflict decreased for the second month in a row, although their level remained high. Also, concerns about the state of work and employment began to be heard more often - although to a lesser extent... MMI to Max.

US consumer confidence: the index recovered from a 12-year high The US consumer confidence index published by the Conference Board in October rose to 91.7 points compared to 84.2 earlier (revised up from 81.9). Rates: 8.9% mm and 4.0% yy compared to -5.0% mm and 11.9% yy in the previous year. To compile the index, NFO Research Inc. The Conference Board commissioned a survey of about 5,000 American families. A reading below 100 indicates caution outweighs optimism, while the lower bar is 80, which is usually a sign of an impending recession. The current situation index, based on consumers' assessment of the current state of business and the labor market, rose to 120.4 compared to 111.8 in September. The expectations index based on short-term consumer forecasts for income, business and labor market conditions: 72.6 compared to 65.7 The Conference Board notes: "... The increase in the index is mainly driven by a more positive assessment of the current and expected business conditions. This recovery coincided with a drop in retail gasoline prices between September and October. However, despite the increase in October, consumer confidence remains part of the long-term downward trend observed over the past few years. Consumers plan to reduce services provided for the next six months. Rising prices and continued inflation, which reduce the purchasing power of the population. Consumers continued to express dissatisfaction with the rising cost of living in their comments in October. Mentions of high prices, mainly for food, as well as oil and diesel, became more frequent. The number of references to war and conflict decreased for the second month in a row, although their level remained high. Also, concerns about the state of work and employment began to be heard more often - although to a lesser extent... MMI to Max.