Consumer confidence data for September 2018

  • Highest since Sept 2000
  • Prior was 133.4 (revised to 134.7)
  • Present situation 173.1 vs 172.8 prior
  • Expectations 115.3 vs 109.3 prior
  • Jobs hard-to-get 13.2 vs 12.7 prior
  • Jobs plentiful 45.7 vs 42.3 prior
  • 1-year inflation 4.7% vs 4.7% prior

These numbers have been impressive for months but they continue to get even more impressive. Consumers are feeling great about the economy. It's going to be a good holiday season for retailers.