Consumer confidence up to highest level in nearly 5 years - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Consumer confidence up to highest level in nearly 5 years

Posted:

WASHINGTON (WKOW) -- Consumer confidence is up this month in the U.S. to its highest level in nearly five years.

The Conference Board says the index rose to 73.7 in November. It was 73.1 in October. Both are the best readings since February of 2008.

Experts say Americans are more optimistic because the see the job market getting better. Employers added 171,000 jobs in October and more jobs were created in August and September than first thought.

The survey is watched closely because consumer spending drives nearly 70 percent of economic activity. It is still below 90, which is consistent with a healthy economy. It last reached that level in December 2007. The index is far above the all-time low of 25.3 touched in February 2009.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Decorah Eagle Cam

    Decorah Eagle Cam

    The Eagle Cam is back!  Watch live as eagles build their nest and family!More >>
    The Decorah eagles became international stars in 2011, when their nest went viral. To date, over 280 million people from 84 countries have followed the eagle family from eggs to fledgling birds, watching every aspect of life in a wild nest.More >>
  • Motorcycle hit-and-run leaves one injured

    Motorcycle hit-and-run leaves one injured

    Motorcycle hit-and-run leaves one injured

    Pierce Co. Sheriff (Press Release) - On Saturday, April 19, the Pierce County Sheriff's office was notified of a motorcycle crash involving two motorcycles in the township of Trenton. The location was County Road VV, half a mile south of Hwy. 35 in Hager City. A motorcycle driven by Benjamin Bremer, 26, of Red Wing, was attempting to enter County Road VV from the Border Lounge parking lot. A second motorcycle described as a maroon in color hit Benjamin's motorcycle and fled the scene. Benjami...More >>
    Pierce Co. Sheriff (Press Release) - On Saturday, April 19, the Pierce County Sheriff's office was notified of a motorcycle crash involving two motorcycles in the township of Trenton. The location was County Road VV, half a mile south of Hwy. 35 in Hager City. A motorcycle driven by Benjamin Bremer, 26, of Red Wing, was attempting to enter County Road VV from the Border Lounge parking lot. A second motorcycle described as a maroon in color hit Benjamin's motorcycle and fled the scene. Benjami...More >>
  • Eau Claire business moves out after 50 years in downtown

    Eau Claire business moves out after 50 years in downtown

    Eau Claire (WQOW) - The final tenant has moved out of a set of buildings set for demolition to make room for the proposed Confluence Project. After more than 50 years in downtown Eau Claire ScandinavianMore >>
    The final tenant has moved out of a set of buildings set for demolition to make room for the proposed Confluence Project.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WQOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's pubic inspection file should contact Director of Station Operations Lisa Patrow at 715-852-5920. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.