(Bloomberg) -- Consumer confidence in the U.S. rose
in May from its lowest level in eight months, as wage and stock
market gains put Americans in a mood to spend, economists said
before a report due today.
The New York-based Conference Board's index of consumer
confidence rose to 105 this month from 104 in April, according
to the median forecast in a Bloomberg survey of 62 economists.
The index averaged 105.9 last year.
Read more at Bloomberg Bonds News
in May from its lowest level in eight months, as wage and stock
market gains put Americans in a mood to spend, economists said
before a report due today.
The New York-based Conference Board's index of consumer
confidence rose to 105 this month from 104 in April, according
to the median forecast in a Bloomberg survey of 62 economists.
The index averaged 105.9 last year.
Read more at Bloomberg Bonds News
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