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Monthly Archive for: October 2012

Rising Home Prices Help Push Consumer Confidence

Posted October 16, 2012

Confidence among U.S. consumers unexpectedly jumped in October to the highest level since before the recession began five years ago, in large part due to rising prices and expectations that they will continue to improve. The Thomson Reuters/University of Michigan preliminary October consumer sentiment index increased to 83.1, the highest level since September 2007, from…(Continue Reading)