NewsMine — economy — united-states — 2003 — 2003-nov-dec — Viewing Item

Nov consumer confidence at 14 month high Original Source Link: (May no longer be active)    http://www.forbes.com/home_europe/newswire/2003/11/25/rtr1159918.html http://www.forbes.com/home_europe/newswire/2003/11/25/rtr1159918.html US Nov consumer confidence at 14-month high-report Reuters, 11.25.03, 10:00 AM ET NEW YORK, Nov 25 (Reuters) - U.S. consumer confidence surged to its highest level in over a year, exceeding economists' rosy expectations, as consumers grew more hopeful about the job market, a report said on Tuesday. Private research firm the Conference Board said its index of consumer confidence climbed to 91.7, its highest level since Sept. 2002, from a revised 81.7 in October. Wall Street analysts had forecast a rise to 85.0. "Consumers believe a slow but sure labor market turnaround is underway," said Lynn Franco, director of research at the Conference Board. The percentage of consumers saying that jobs were hard to get fell to 29.5 percent in November from 33.7 percent the previous month. Consumers' view of the future grew rosier, lifting the expectations component of the index to 99.4 in Nov. from 91.5. The present situation index rose to 80.1 from 67.0. Copyright 2003, Reuters News Service

Companies overworking employees { November 12 2003 } Dollar 11 year low versus pound Dollar depreciation eats up opec gains Dollar falls to fresh low against euro { November 18 2003 } Economy booms ahead on investment surge End of steel tariff yield economic relief Extremely low inflation { December 5 2003 } Gold over 400 as euro strengthens { December 1 2003 } Gold price rises 20 percent over year { January 1 2004 } Jobless count skips millions { December 29 2003 } Market waiting for jobless claims employment { November 5 2003 } Nov consumer confidence at 14 month high Personal bankruptcy filings jump 8 percent Profit taking after 6 day gain drops dow Stocks at year highs after saddams capture Stocks rally as dow closes above 10 000 { May 24 2002 } Trade defecit china record high Unemployment indicators misleading few jobs added { January 9 2004 } Us jobless september claims higher { November 13 2003 } Us stocks dip after jobs data Files Listed: 20

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