U.S. consumer confidence rose to a five-month high in September because of falling gas prices, according to a new survey.
The strong labor market and rising wages also gave Americans more confidence, the nonprofit Conference Board reported Tuesday, Sept. 27. The unemployment rate is close to a 54-year low and wages are rising at a faster pace.
Another measure of how consumers feel about today’s economy rose to 149.6 in September from 145.3 in August. Learn more.