India, Oct. 27 -- Consumer confidence in the U.S. has unexpectedly seen a substantial improvement in the month of October, according to a report released by the Conference Board on Tuesday.
The Conference Board said its consumer confidence index jumped to 91.7 in October from an upwardly revised 84.2 in September.
The sharp increase came as a surprise to economists, who had expected the consumer confidence index to dip to 80.4 from the 81.9 originally reported for the previous month.
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