‘Consumer Confidence’ Category


House prices stall, consumer confidence up

From Yahoo! FinanceBy Burton FriersonNEW YORK (Reuters) - U.S. consumer confidence rose to a three-month high in December, while prices in the hard-hit housing sector stalled in October, breaking a five-month string of gains.The consumer confidence reading released on Tuesday reinforced views that the economy is gradually recovering, and the October housing data from the widely watched Standard & Poor's/Case-Shiller indexes was seen as indicating the market is stabilizing.The Conference Board, an industry group, said its index of consumer attitudes ... (Read more)