Americans more confident despite fears of double dip – Business News, Business – The Independent
Sep 01, 2010
Fears of a double dip in US house prices have not dented consumer confidence in the world’s largest economy, new figures show.
The US Consumer Board’s latest confidence index recorded a rebound last month, after two successive months of decline, despite a slump in housing market activity and the worst August for the US stock market in a decade. Although confidence remains weak, forecasters had predicted a further decline in the index to 50.5, but it came in at 53.5, up from 51.0 in July.
via Americans more confident despite fears of double dip – Business News, Business – The Independent.
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