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Consumer outlook soars in July

In 3rd straight rise, index at highest point since October ’07

Posted: July 30, 2014 at 2:58 a.m.

Employees at the new Hermes & Mauritz AB flagship store in New York look out from the store’s upper levels during a grand-opening ceremony July 17. The Conference Board said Tuesday that its consumer confidence index rose to 90.9 in July, the highest since October 2007, two months before the recession began.

U.S. consumers are more confident about the economy than they have been in nearly seven years.

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