Copyrighted Image? DMCA | In another sign that the U.S. economy is improving, a new Thomson Reuters/University of Michigan survey shows that consumer confidence has risen to its highest level in over five years. According to the University of Michigan index, which measures both people's assessment of their current financial conditions and their expectations for the future, consumer confidence rose to 83.1 -- a nearly 5-point jump from last month's rating of 78.3. That significantly beat the expectations of most analysts, who expected the rating to drop. |
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