U.S. consumer confidence rebounds in September

FILE PHOTO: A shopper is seen wearing a mask while shopping at a Walmart store in Bradford, Pennsylvania, U.S. July 20, 2020. REUTERS/Brendan McDermid/File Photo

WASHINGTON (Reuters) – U.S. consumer confidence rebounded more than expected in September as households’ views of the labor market improved.

The Conference Board said on Tuesday its consumer confidence index increased to a reading of 101.8 this month from 86.3 in August. Economists polled by Reuters had forecast the index edging up to a reading of 89.5 in September.

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