Gallup: Consumer confidence on the rise
Gallup: Consumer confidence on the rise
By Bernie Becker - 01/03/12 01:36 PM ET
Americans ended 2011 with their highest confidence in the economy since June, according to new Gallup data.
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A boost in consumer confidence likely bodes well for the economy as a whole, with the American recovery likely to play a major role in President Obama’s bid for a second term this year.
Gallup also is not the only outfit finding the country more and more optimistic about the economy. The Conference Board release from last week, for instance, found that confidence rose more than expected, and also to its highest point in eight months.
The Institute for Supply Management survey, released Tuesday, found the manufacturing sector expanded more quickly in December than November, and for the 29th consecutive month.
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http://thehill.com/blogs/on-the-money/801-economy/202091-gallup-consumer-confidence-on-the-rise
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