Posts Tagged ‘Consumer Spending’
Confidence Index Rose Further in May
Consumer confidence is on an upward trend, and this a good thing for a consumer-driven economy like ours. The Conference Board reports that its Consumer Confidence Index increased in May, following a modest decline in April (after a downward revision). The Index now stands at 128.0 (1985=100), up from 125.6 in April. The Present Situation Index…
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