Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

CONSUMER CONFIDENCE JUMPS

Sam RoOct 31, 2014, 19:25 IST

Consumer confidence in America is in great shape.

The University of Michigan's consumer confidence index jumped to 86.9 in October from 84.6 in September.

This was also much higher than expectations for 86.4.

This comes despite stock market volatility and fears over things like the spread of the Ebola virus.

It's worth noting that gasoline prices have been tumbling, which frees up lots of spending power for consumers.

Click Here For Updates »