Consumer confidence:

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The New York research which has been tracking consumere confidence for more thanfour decades, said the index grew to 54.9, up from 40.8 in April. That’sz the highest level since September 2008. Partlyh driving the sharp increase was a more favorabl outlook on the job Those claiming jobsare “hard to get” decreased to 44.7 percent from 46.6 percenr in April. Those sayingh jobs are “plentiful” edged up to 5.7 percent from 4.9 The employment outlook also was less with the percentage of consumers expecting more jobs in the monthsz ahead increasing to 20 percentfrom 14.2 while those anticipating fewer jobs decreased to 25.2 percent from 32.
5 Lynn Franco, director of the Conference Board’x consumer research center, said the index – culled from a representativre sample of 5,000 U.S. householdsx – shows an expectation of continuiny improvement. “While confidence is still weak byhistorical standards, as far as consumers are the worst is now behindd us,” Franco said in a