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Tue Sep 25, 2012, 10:17 AM

US CONSUMER CONFIDENCE JUMPS TO 7-MONTH HIGH.

Source: Associated Press

NEW YORK (AP) A private group says U.S. consumer confidence jumped this month to the highest level since February, bolstered by a brighter hiring outlook.

The Conference Board says its Consumer Confidence Index rose to 70.3. That's up from 61.3 in August, which was revised higher. And it's the highest reading since February, when the economy added 259,000 jobs.

The indicator is watched closely because consumer spending drives nearly 70 percent of economic activity. The reading is still below 90, a level that indicates a healthy economy. Since the beginning of the year, the index has fluctuated sharply.

The survey was conducted from Sept. 1 through Sept. 13. It showed consumers were more optimistic about the current availability of jobs and their outlook over the next six months.

Read more: http://bigstory.ap.org/article/us-consumer-confidence-jumps-7-month-high

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Reply US CONSUMER CONFIDENCE JUMPS TO 7-MONTH HIGH. (Original post)
TroyD Sep 2012 OP
bemildred Sep 2012 #1
cyberswede Sep 2012 #2
tomm2thumbs Sep 2012 #3
Stuart G Sep 2012 #4

Response to TroyD (Original post)

Tue Sep 25, 2012, 10:20 AM

1. Just in time for the election. nt

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Response to TroyD (Original post)

Tue Sep 25, 2012, 10:22 AM

2. ...and Romney's team weeps.

But seriously, this is good news.

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Response to TroyD (Original post)

Tue Sep 25, 2012, 10:22 AM

3. confidence in Romney down... consumer confidence up


coincidence?

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Response to TroyD (Original post)

Tue Sep 25, 2012, 10:23 AM

4. K and R..nt

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