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December 28, 2011
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Consumer confidence index surges

NEW YORK (AP) - Americans are gaining faith that the economy is on the upswing.

An improving job outlook helped the Consumer Confidence Index soar to the highest level since April and near a post-recession peak, according to a monthly survey published Tuesday by The Conference Board.

The second straight monthly surge coincided with a decent holiday shopping season for retailers, though stores had to heavily discount to attract shoppers.

The rise in confidence jibes with a better outlook for the overall economy. An Associated Press poll of three dozen private, corporate and academic economists projects U.S. economic growth will …

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The Nevada Appeal Updated Dec 28, 2011 02:05AM Published Dec 28, 2011 02:04AM Copyright 2011 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.