Consumer confidence data from The Conference Board
Prior was 138.4 (revised to 135.3)
Present situation 172.8 vs 169.4 prior
Expectations 114.6 vs 112.5 prior
Jobs hard to get 13.2 vs 14.1 prior
1-year inflation 4.8% vs 4.7% prior
Because of the revision to the prior, this is the highest since 2000. The cutoff date for the report was October 18 so the stock market hadn't yet hit too hard but was a drag. All things considered, this is another impressive sign of strength from the US consumer.
