by John Carney
Breitbart.com
U.S. consumer confidence leapt to 108.7 in October, its highest level since January, according to data from the Conference Board released on Tuesday.
This strong rebound comes after a revised 99.2 reading in September, with October’s figure far exceeding Wall Street expectations of 99.5.
[…] The October confidence surge fully offset the sharp decline experienced in September, signaling a notable shift in consumer sentiment.
The Conference Board does not track consumer confidence by party affiliation. Last week, the University of Michigan said its measure of consumer sentiment increased because Republicans became more confident that Donald Trump would win the presidential election.