News
« December Sales Still Unclear | | Online Shopping Surges »
December 28, 2005
Consumer Confidence Creeps Up
Consumer confidence rebounded in December, driven by general economic strength, declining oil prices and job growth.
The consumer confidence index climbed to 103.6, compared to 98.3 in November and 85.2 in October, according to a Conference Board report released Wednesday.
The report reflects positive expectations for the New Year, and implies that consumers have overcome the economic ambivalence caused by Hurricanes Katrina and Rita.
Posted by Blacks on December 28, 2005 01:04 PM
Comments
Post a comment
