Consumer Confidence At A Five Year High

Dated: 05/28/2013

Views: 385


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
Blog author image

Michelle Cantrell

Michelle is a native of Southwest Missouri and has twenty-five years of experience in selling real estate in the greater Springfield area! Michelle specializes in all price points, including new const....

Want to Advertise on this Site?

Latest Blog Posts

Fall Home Maintenance Checklist

Our good friends over at HomeLight.com have some great tips to share on how to prep your home for the cold season!For our MO friends: check out the note from The Michelle Cantrell Group on

Read More

Americas Best Press Release

For Immediate ReleaseContact: Steve MurrayJuly 10, 2018PH: 303-741-1000 [email protected] Michelle Cantrell Group was Named to the 2018 REAL Trends America’s Best Real Estate Professionals

Read More

2018 The Thousand

The Michelle Cantrell Group made the list of '2018 The Thousand' top real estate teams! The Thousand, which is advertised in The Wall Street Journal, is a REAL Trends exclusive ranking of the top

Read More

Sunflower Festival Begins To Bloom

Golden Grove Farms’ Sunflower Festival kicks off July 17. Family-friendly atmosphere meets beautiful venue as attendees cut their own flowers, participate in games and crafts and listen to live

Read More