Tuesday, September 26, 2006

Consumer confidence rises in Sept.

Falling gasoline prices helped brighten the mood of American consumers in September, sending a barometer of consumer sentiment higher than analysts expected. The New York-based Conference Board said Tuesday that its consumer confidence index rose to 104.5 from a revised reading of 100.2. in August. Analysts had expected the index to rise to 103. The reading, the highest since July's 107, followed a big dip in August, when employment worries dragged down consumer sentiment.

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