Consumer Confidence at Highest Since February '08

Consumer confidence rose in October to its highest in more than four years, according to a private sector report released on Thursday.

The Conference Board, an industry group, said its index of consumer attitudes gained to 72.2 from a downwardly revised 68.4 in September. It was the highest level since February 2008, though it came in shy of economists' estimates for 72.5.

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September was originally reported as 70.3.