U.S. consumer confidence surged to a two-year high this month on hiring hopes while new home sales in June posted a smaller decline than expected, according to two reports on Tuesday that signaled the economy may be picking up after a brief hiatus.Cut taxes, get growth!!!
The Conference Board, a private forecasting group, said its consumer sentiment gauge climbed in July for the fourth straight month to 106.1 from an upwardly revised 102.8 in June, outpacing Wall Street forecasts.
Wednesday, July 28, 2004
Yet More Economic Good News
"Consumer Confidence Soars, Housing Strong" according to a Reuters article: