Consumer Confidence Surprises Many; the Economic Measure Rises in August
Telegraph - Herald (Dubuque) › August 31, 2005
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Summary
NEW YORK (AP) - Consumers reassured by the strengthening job market stayed optimistic in August despite the surging price of gasoline, giving a widely followed measure of consumer confidence an unexpected boost.
The Conference Board said Tuesday its Consumer Confidence Index, compiled from a survey of U.S. households, rose to 105.6 this month up from a revised 103.6 in July. The August figure was better than the 101 analysts expected.See the full content of this document
Extract
Consumer Confidence Surprises Many; the Economic Measure Rises in August
"Consumers appear to be weathering the steady rise in gas prices quite well," Lynn Franco, director of private group's Consumer Research Center, said in a statement.
The...See the full content of this document
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