American consumer confidence rose sharply earlier this month to the highest level it has been at since September 2008, according to the RBC Consumer Attitudes and Spending by Household Index. In fact, the index was boosted by the largest single month gain in job expectations since the index was created eight years ago.

The RBC index for January hit 58.3, a gain of 19.3 points from its December 2009 reading of 39.0.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access