Consumer confidence rises for third-straight month
Amid the myriad of ongoing economic woes and concerns, there was at least one glimmer of good news today on the economic front: consumer confidence rose in May for the third straight month.
As their short-term outlook on jobs and income eased somewhat amid a mix of optimistic and bad economic news, US consumers' confidence rose slightly to 59.5 in July, according to a survey released today by a private research group.