Consumer Confidence On The Rise
(CNN) — A key measure of consumer confidence climbed for a third straight month in May, a research group said Tuesday, with the outlook for the next few months spiking to pre-recession levels. The Conference Board, a New York-based research group, said its Consumer Confidence Index rose to 63.3 in May, the highest level since March 2008, when it stood at 65.9. The index climbed from a downwardly revised 57.7 in April.
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