PrintSeptember 17, 2005
Bush re-elected and consumer confidence soars
The Conference Board reports that consumer confidence has soared in the wake of the elections:
| The board's consumer confidence index jumped to 102.3 in December from a revised 92.6 in November, far ahead of the 93.9 expected by Wall Street economists. The expectations index surged to 99.9 from 90.2, while the present situation index rose to 105.9 from 96.3. "The continuing economic expansion, combined with job growth, has consumers ending the year on a high note," said Lynn Franco, head of the board's consumer research unit. |  |
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Don't expect to see this on the front page of the New York Times or Washington Post, of course. CBS News is unlikely to lead its newscast with the story either.
Ed Lasky and Richard Baehr 12 28 04
