U.S. Consumers `More Upbeat Than Ever,' Rupkey Says
Oct. 12 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about U.S. consumer sentiment and wholesale prices for September.
The Thomson Reuters/University of Michigan preliminary October consumer sentiment index increased to 83.1, the highest level since September 2007, from 78.3 the prior month. The producer price index climbed 1.1 percent after a 1.7 percent gain the Labor Department reported today in Washington. (Source: Bloomberg)