While you were sleeping Americans grow more confident

Tue, 27 Nov 2012

Nov. 28 (BusinessDesk) – US consumer confidence rose to a four-year high this month adding to evidence from Thanksgiving weekend retail sales that suggests Americans are shaking off their torpor. The Conference Board’s confidence index rose to 73.7, beating the estimate in a Bloomberg survey of 73 to reach the highest level since February 2008. Key to improving sentiment may be perceptions that jobs will be easier to find over the next six months, a relief in a nation where unemployment is 7.9 percent and where the Congress is running out of...

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