I need to visit this planet. Sounds a lot more inviting than the one I'm on.Conference Board: Consumer Confidence Surges in Dec.
Wednesday, December 28, 2005
NEW YORK — U.S. consumer confidence improved in December to the highest level since August, before Hurricane Katrina slammed into the U.S. Gulf and sent gasoline to record highs, a Conference Board survey showed Tuesday.
The Conference Board said its index of consumer sentiment rose in December to 103.6 from a November reading of 98.3, which had been downwardly revised from 98.9.
Economists polled by Reuters on average had forecast the index likely rose to 101.8.
"The resiliency of the economy, recent declines in prices at the pump and job growth have consumers feeling more confident at year-end than they felt at the start of 2005," said Lynn Franco, director of the Conference Board Consumer Research Center.
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