US consumer confidence up but house prices continue to fall

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US consumer confidence up but house prices continue to fall

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05-27-2009, 07:09 AM

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US consumer confidence up but house prices continue to fall

There is some good news for the world’s largest economy today after a survey revealed that US consumer confidence has risen to its highest level since September 2008 (at the time of the collapse of Lehman Brothers). The Conference Board’s Consumer Confidence Index rose from 40.8 in April up to 54.9 in May - far [...]

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