A big jump on the month
- From 97.9 in September to 101.4 this month
Optimists outnumbering pessimists for the first time this year:
Comments from WPAC:
- Highest level of the Index since October last year
- Consistent reports of an improving global economy may have been a factor
- also likely that concerns about rising interest rates associated with overheated housing markets have eased.
- Ongoing improvements in the labour market are also boosting confidence.
- confidence is still not particularly strong
- All sub-indexes recorded a lift in October
