Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Business

>> THE CONFERENCE BOARD Latest News

JUN 24, 2014 - Yahoo! News

A Must Read - Share

Consumer confidence, housing data bolster U.S. growth outlook

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer confidence jumped to its highest level in nearly 6-1/2 years in June and sales of new homes surged in May, the latest signs that the economy has regained momentum. "It takes a lot of confidence to buy the biggest of big ticket items consumers ever face, buying a new home." The Conference Board said its consumer confidence index rose to 85.2, the highest reading since January 2008, from 82.2 in May as households grew more optimistic about the labor market.

Tags: Consumer confidence, housing data bolster U.S. growth outlook,  The Conference Board Latest News