http://www.gallup.com/poll/186029/economic-confidence-index-flat-september.aspx?utm_source=alert&utm_medium=email&utm_content=morelink&utm_campaign=syndication
But but the The Government Conference Board said what?
“Consumer confidence increased moderately in September, following August’s sharp rebound,”
said Lynn Franco, Director of Economic Indicators at The Conference
Board. “Consumers’ more positive assessment of current conditions fueled
this month’s increase, and drove the Present Situation Index to an
8-year high (Sept. 2007, Index=121.2). Consumers’ expectations for the
short-term outlook, however, remained relatively flat, although there
was a modest improvement in income expectations. Thus,
while consumers view current economic conditions more favorably, they
do not foresee growth accelerating in the months ahead.”



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