Consumer confidence hits highest level since April
Dec. 27, 2011, 10:00 a.m. EST
WASHINGTON (MarketWatch) - The Conference Board on Tuesday said its consumer-confidence index jumped to 64.5 in December - the highest level in eight months - from a revised 55.2 in November. Economists surveyed by MarketWatch were expecting the index to climb to 60.0. Consumer confidence has jumped nearly 25 points in the past three months and now sits at its highest level since April. "Consumers are more optimistic that business conditions, employment prospects and their financial situations will continue to get better," said Lynn Franco, director of the board's consumer-research center...
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