Consumer confidence climbs to highest since June

[ProSense]

Consumer confidence climbs to highest since June

(Reuters) - Consumer confidence rose in November to its highest level in five months, helped by improving labor market conditions and a jump in the expectations index, according to a private-sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes increased to 54.1 in November, the strongest since June, from a revised 49.9 in October.

The median of forecasts from analysts polled by Reuters was for a reading of 52.6.

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Americans are more upbeat about future jobs prospects. Those expecting fewer jobs in the months ahead fell to 18.8 percent from 22.3 percent, while those expecting more jobs rose to 15.5 percent from 14.5 percent.

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[impik]

1. Terrible, terrible news!

[girl gone mad]

2. Not so pretty when you actally put it in context.

[ProSense]

3. In the context

of 2001 no, but in the context of 2007 yes. Fits and starts. That it is rebounding from June is positive.

[impik]

4. You just resist and kind of progress, ah?

And all in the name of being progressive...

[Safetykitten]

5. She is the poster most reliably realistic about the economy. You should try it.

[Clio the Leo]

6. kick nt