Consumer Confidence Advances to Second-Highest Since 2008
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Confidence among U.S. consumers rose in May to the second-highest level since 2008 as Americans grew more upbeat about the economy and labor market.
The Conference Board’s index climbed to 83 from 81.7 a month earlier that was weaker than initially estimated, the New York-based private research group said today. The reading matched the median forecast in a Bloomberg survey of 62 economists.