Consumer Confidence Hits Two-Year High

Posted by Peter

We keep hearing from the Democrats how the economy is in such rough shape, that we've lost so many jobs, etc, etc. Well today we had more good news for the New York based research group - Conference Board:

Consumer confidence rose for the fourth straight month in July thanks to steady improvements in the job market, the Conference Board reported Tuesday, putting the indicator at a two-year high.

The New York-based research group reported that its index for consumer confidence rose to 106.1 in July, up from 102.8 in June and well ahead of the figure of 102.0 that investors had been expecting. It was the highest level for the indicator since June 2002.

The good news continues for Bush!

hat tip to Power Line


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