Washington, D.C. (AHN) – U.S. consumers are feeling more positive about the economy, according to a survey by the University of Michigan and Reuters released last month.

Consumer sentiment rose to 73.5, a substantial rise from the August reading of 65.7. A preliminary estimate earlier I September set the figure at 70.2.

The latest figure beats economists’ forecasts, who had predicted an average reading of 70.5.

The September level is the highest in 18 months.

Melvin Baker is an AHN Reporter. Article © AHN – All Rights Reserved

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