---
title: "USA TODAY: Consumer Confidence Jumps To Highest Level Since 2007"
url: https://burnaze.com/article/c5ff3bcf-2824-440c-a0cc-4d0cef1e47c5
source: "1851 Franchise"
original_url: https://1851franchise.com/usa-today-consumer-confidence-jumps-to-highest-level-since-2007-6016
category: "Finance"
topics: ["Finance & M&A"]
published: 2016-09-30T21:16:34.000Z
modified: 2026-11-01T04:11:11.469Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/dbee4fbc9ad55a84dcd7f42eaef457d84804.jpg
---

# USA TODAY: Consumer Confidence Jumps To Highest Level Since 2007

**TL;DR:** Consumer confidence in America has risen to its highest level since 2007, with the consumer confidence index reaching 104.1. This increase is expected to encourage U.S. economic growth in the coming months.

*originally published in 1851 Franchise on 2016-09-30. [Read the original](https://1851franchise.com/usa-today-consumer-confidence-jumps-to-highest-level-since-2007-6016).*

## Story

Consumer confidence in America is at its highest level than it has been in the last nine years. According to a recent USA TODAY article, the consumer confidence index rose to 104.1, up from 101.8 in August, which was the strongest reading since the index stood at 105.6 in August 2007 right before the Great Recession.

The slight increase is an encouraging sign for the U.S. economic growth to increase in the coming months. Analysts expected a drop in September due to volatility in the stock market, subpar economic readings in auto sales and manufacturing, and the presidential election on consumers’ minds.

“It appears that steady job gains, low volatility in equity markets and subdued gasoline price pressures are helping consumers’ outlooks,” analysts at Contingent Macro Research said in a note to clients.

Consumers’ positive outlook about economic conditions will help lift consumer spending and the economy overall. Forecasters are predicting that GDP growth will accelerate to 3% in the current quarter.

## Entities

- 1851 Franchise (publication)
- General (sector)
- USA TODAY (company)
- economic growth (topic)
- consumer confidence (topic)
- stock market (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/usa-today-consumer-confidence-jumps-to-highest-level-since-2007-6016). Summarized by Burnaze (https://burnaze.com/article/c5ff3bcf-2824-440c-a0cc-4d0cef1e47c5).