Consumer Confidence Recovers Significantly In October

What happened: The Conference Board's Consumer Confidence Index rose in October, recovering significantly from the prior reading. Key numbers: Index up 7.5 points to 91.7 versus a forecast of 81.2. Present Situation Index up 8.6 points to 120.4. Expectations Index up 6.9 points to 72.6, below the 80.0 recessionary threshold since February 2025. Why it matters: The headline reading came in far above the forecast, and the Expectations Index remains below the 80.0 threshold that has been cited since February 2025.

The Conference Board's Consumer Confidence Index rose in October, recovering significantly from the prior reading.

The headline reading came in far above the forecast, and the Expectations Index remains below the 80.0 threshold that has been cited since February 2025.