PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject	11/25/2003 1:10:04 PM
From: calgal	Read Replies (1) of 769670

Re-Post: Consumer Confidence at 14-Month High NEW YORK (Reuters) - U.S. consumer confidence (news - web sites) surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said on Tuesday. Related Quotes DJIA NASDAQ ^SPC 9749.57 1946.91 1052.92 +1.78 -0.23 +0.85 delayed 20 mins - disclaimer Quote Data provided by Reuters High-tech Holiday Gifts Best buys for your gadget lover, plus great gifts under and when money's no object. Private research firm the Conference Board (news - web sites) said its index of consumer confidence climbed to 91.7, its highest level since Sept. 2002, from a revised 81.7 in October. Wall Street analysts had forecast a rise to 85.0. "Consumers believe a slow but sure labor market turnaround is underway," said Lynn Franco, director of research at the Conference Board. The percentage of consumers saying that jobs were hard to get fell to 29.5 percent in November from 33.7 percent the previous month. Consumers' view of the future grew rosier, lifting the expectations component of the index to 99.4 in Nov. from 91.5. The present situation index rose to 80.1 from 67.0.

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