The Corner

Bush Boom Begins?

NEW YORK (AP) — Signs of improvement in the job market helped

lift a measure of consumers’ confidence in the economy in October,

a private research group reported Tuesday.

After posting a decline in September, the Conference Board’s

Consumer Confidence Index rose to 81.1 in October, up from a

revised 77.0 in September.

Lynn Franco, director of the board’s consumer research center,

said that a brightening job outlook was a “major factor” in the

rebound, as was growing hope that employment trends would continue

to improve.

“With the holiday season around the corner, this improvement in

consumers’ spirits is a good omen for upcoming retail sales,”

Franco said.


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