Consumers currently upbeat
January 31, 2006,
NEW YORK -- With Americans feeling more bullish on the current state of the economy, and especially optimistic about the outlook for jobs, consumer confidence climbed for a third straight month in January, rising by 2.4% to its highest level in more than three years, The Conference Board reported today.
Looking six months out, consumer sentiment was more subdued. The number who expect business conditions to worsen rose to 10.5% from 9.1% in December. Correspondingly, the number of those who expect conditions to improve declined to 17.7% from 18.4%.
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