Published January 27, 2015 10:02am EST | Updated May 21, 2015 1:27pm EDT

Consumer Confidence Index Jumps To Seven-year High Of 102.9

Consumer confidence jumped in January to the best reading since August 2007, according to the latest reading from the Conference Board. The consumer-confidence index rose to 102.9 from 93.1 in December, above the MarketWatch-compiled economist forecast of 96.9.