Consumer Confidence At A Five Year High

Dated: 05/28/2013

Views: 400


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

8 Budget Friendly Staycation Ideas For Families

Staying home doesn't mean you can't have an adventure. Disneyland, the beach, camping … just a few of the many places your kids would nominate as a vacation destination this summer. But staying

Read More

12 Tips For Decorating A Large Wall

12 Tips for Decorating a Large WallHave a large wall space that needs some décor but worried it will cost you hundreds of dollars in art? Not necessarily! Here are some ideas for filling a large

Read More

Ozarks Greenway Trails

Our expanding trail system features a diversity of trails including rails-to-trails, paved trails, gravel trails, a water trail, and natural surface trails. Download the overall printable

Read More

KidFriendly DIY 10 Projects Sure To Inspire Summer Fun

Summertime is on, and the kids are out of school. Every mom knows that for these three months it's more important than ever to keep the kids busy. But you don't have to schedule your life away with

Read More