---
title: "Fox Business: Consumer confidence rebounds--a prelude to another market rally?"
url: https://burnaze.com/article/b9facf0a-e983-478c-9ff0-9947997ecd8c
source: "1851 Franchise"
original_url: https://1851franchise.com/fox-business-consumer-confidence-rebounds-a-prelude-to-another-market-rally-2706356
category: "General"
published: 2018-04-24T20:15:24.000Z
modified: 2026-11-01T04:09:18.046Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/d226ebeca14e5246c1b948ac377b24533085.jpg
---

# Fox Business: Consumer confidence rebounds--a prelude to another market rally?

**TL;DR:** Consumer confidence continues to rise after reaching its highest level since late 2000 in February, with the Conference Board's consumer confidence index reaching 128.7 in April. High consumer confidence leads to a positive uptick in U.S. economic growth due to increased spending.

*originally published in 1851 Franchise on 2018-04-24. [Read the original](https://1851franchise.com/fox-business-consumer-confidence-rebounds-a-prelude-to-another-market-rally-2706356).*

## Story

Consumer confidence continues to rise after reaching it's highest level since late 2000 in February. The Conference Board's consumer confidence index reached 128.7 in April, slightly higher than March's 127. Fox Business noted that consumers are optimistic about the future of jobs, the economy and their finances. Consumer's thoughts on current conditions reportedly rose from 158.1 to 159.6 and future expectations increased from 106.2 to 108.1.

When consumer confidence is high, U.S. economic growth sees a positive uptick due to the increase in spending. Because consumer spending drives two-thirds of the economy, it's important for confidence to stay high so businesses continue to thrive.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Fox Business (company)
- economic growth (topic)
- consumer confidence (topic)
- us economy (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/fox-business-consumer-confidence-rebounds-a-prelude-to-another-market-rally-2706356). Summarized by Burnaze (https://burnaze.com/article/b9facf0a-e983-478c-9ff0-9947997ecd8c).