In this Oct. 15, 2014 photo, Sam Abed talks with a customer at the Mediterranean Bakery and Deli in Richmond, Va.(AP Photo/Richmond Times-Dispatch, Dean Hoffmeyer)
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Consumer confidence advanced in October as Americans enjoyed further price drops at the gas pump and the job market continued to improve.The S&P/Case-Shiller index of property prices in 20 U.S. cities climbed 5.6 percent from the same month last year.The median forecast of 83 economists surveyed by Bloomberg called for a 0.5 percent gain.The Conference Board's gauge of consumer expectations barometer for the next six months jumped to 95, the highest since February 2011, from 86.4 .The index of present conditions rose to 93.7 from September's 93 . The share of Americans who said business conditions were good climbed to 24.5 percent, the highest since September 2007 .The share of Americans who said jobs were currently plentiful rose to 16.5 percent from 16.3 percent.A greater number of consumers expected more jobs to become available in the next six months as the share increased to 16.8 percent from 16 percent.
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