NEW YORK (AP) - A private research group says consumer
confidence in May soared to the highest level since last September
amid tentative signs that the economy is improving.
The Conference Board says Tuesday that its Consumer Confidence
Index, which had dramatically increased in April, zoomed past
economists' expectations to 54.9 from a revised 40.8 in April.
Economists surveyed by Thomson Reuters were expecting 42.3. The reading marks the highest reading since last September- three
months before the official start of the recession - when the level
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.