US Consumer Confidence Rebounds in October as Gas Prices Ease

WHAT:

IJR - The Conference Board’s Consumer Confidence Index rose 7.5 points to 91.7 in October, exceeding forecasts.

ABC News Politics - U.S. consumer confidence rebounded somewhat in October.

Bloomberg Markets - U.S. consumer confidence rose for the first time in four months.

WHY:

ABC News Politics - The rebound came as gas prices fell modestly but remained elevated.

Bloomberg Markets - The increase was attributed to brighter views about the job market and business conditions.

HOW:

Bloomberg Markets - Mike McKee reported on the confidence increase on “Bloomberg Open Interest.”

(UPDATED October 27, 2026 18:00 UTC)

U.S. consumer confidence rose for the first time in four months, with the Conference Board’s index gaining 7.5 points to 91.7 in October and exceeding forecasts. The rebound reflected brighter views of the job market and business conditions. Gas prices fell modestly but remained elevated.

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(UPDATED October 27, 2026 16:12 UTC)

U.S. consumer confidence rose for the first time in four months, rebounding somewhat in October. The increase reflected brighter views of the job market and business conditions, while gas prices fell modestly but remained elevated. Mike McKee reported on the confidence increase on “Bloomberg Open Interest.”