Monday, May 28, 2007

Consumers in U.S. Gained Confidence in May on Jobs, Stocks, Survey Shows

(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

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