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March 28 (Bloomberg) -- Consumer confidence in the U.S.

economy jumped in March to the highest level in almost four

years, driven by a strengthening labor market that's lifting

incomes and giving Americans the means to spend.

The Conference Board's confidence index rose to 107.2, the

highest since May 2002, from 102.7 in February, the New York-

based research firm said today. The level exceeded even the

highest forecast in a Bloomberg News survey of 64 economists.

The number of people who said jobs were plentiful increased

to the highest level since before the September 2001 terrorist

attacks, helping power spending and the economy. With the

economy strengthening, Federal Reserve policy makers today are

forecast to raise interest rates to ensure inflation doesn't

accelerate and derail the expansion.

``Labor markets remain sound, and we'll have decent payroll

growth in the month and that will support spending,'' Michael

Gregory, senior economist at BMO Nesbitt Burns Inc. in Toronto,

said before the report.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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