The latest version of the Quikrete Industry Dashboard reveals updated data from Wall Street and also from the researchers who give us the Consumer Confidence Index. And there’s a significant difference in the direction of the two.
The Conference Board in late September reported the Consumer Confidence Index increased to 108.0 (1985=100), up from 103.6 in August.
“Consumer confidence improved in September for the second consecutive month supported in particular by jobs, wages, and declining gas prices,” said Lynn Franco, senior director of economic indicators.
The average price for a gallon of regular gas, as tracked by the American Automobile Association, is $3.78, down from the previous month, but up from $3.19 compared to one year ago.
Meanwhile, eight of the ten ticker symbols tracked on the Stock Roundup are down for the year, and all 10 are down for the month.
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Coming next: The Bureau of Labor Statistics will report the national unemployment rate for September on Oct. 7. It currently stands at 3.7 percent.