Consumer Confidence Surges to 5-Year High

May 27, 2013  by in UnCategorized   

By Aggregated Content in economic news on May 28, 2013 from http://www.cnbc.com/id/100768979

U.S. consumer confidence strengthened in May to the highest level in more than five years, suggesting Americans' attitudes were resilient in the face of belt-tightening in Washington, a private sector report showed on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes jumped to 76.2 from an upwardly revised 69 in April, topping economists' expectations for 71. It was the best level since February 2008

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