U.S. Consumer Sentiment Climbs Toward ’08 Levels
Consumers are happier as measured by the Conference Board’s gauge and the Bloomberg Consumer Comfort Index. Both measures recently reached peaks last seen in 2008. Bloomberg quoted Barclay’s Capital economist Dean Maki, “The major driver of the improvement in confidence has been the labor market,” Maki said. “We would expect consumer confidence to continue trending higher if the labor market continues to improve as we expect.” To read the entire article, please CLICK HERE.