Consumer comfort at 11-month high

Jonathan Sweet
March 14, 2013
Filed under News

The Bloomberg Consumer Comfort Index is up for the sixth-straight week, reaching its highest level since April 2012.

Bloomberg economists credited shrinking unemployment, rising home prices and a rallying stock market for the pickup in consumer confidence.

Confidence among those 18 to 34, as well as unmarried people, rose to a five-year high in the weekly index.

Read more at Bloomberg.

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