Consumer Confidence At A Five Year High

Consumer Confidence At A Five Year High





Consumer confidence surged to a five-year high in May, fueled by increased optimism about an improving job market.

From CNN this morning..."One of the reports powering the markets showed that U.S. home prices posted their strongest gains since 2007. According to the S&P/Case-Shiller national index, prices rose 10.2% in the first quarter.
In another report, consumer confidence surged to a five-year high in May, fueled by increased optimism about an improving job market..."
The Consumer Confidence Index, which gauges how consumers feel about the economy each month, rose to 76.2 in May -- its highest reading since February 2008, according to research firm The Conference Board.
It's up significantly from last month's reading of 69, and is also higher than the 72.5 predicted by economists surveyed by Briefing.com. Consumer confidence has been on the rise for the past two months after plummeting in March when Americans worried about the effects of automatic government budget cuts.



http://money.cnn.com/2013/05/28/news/consumer-confidence/index.html?source=cnn_bin



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Phone: 417-860-6505
Dated: May 28th 2013
Views: 375
About Michelle: Michelle is a native of Southwest Missouri and has twenty-five years of experience in selling real e...

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