Surge In U.S. Consumer Confidence Is Positive For Future Growth
1. Consumer confidence rose to 108.7, marking the highest since January. 2. Personal spending increased by 0.5% in September, supporting GDP growth. 3. Consumption contributes 68.9% of GDP, vital for future economic growth. 4. Positive job growth underpins ongoing consumption and economic optimism. 5. Presidential election uncertainty poses a risk to consumer outlook.