Happy consumers help Obama re-election bid

Happy consumers help Obama re-election bid

Rising home prices and stock markets also aid incumbent
U.S. consumer confidence jumped this month to the highest level since February, bolstered by a brighter hiring outlook. The Conference Board said Tuesday that its Consumer Confidence Index rose to 70.3. That’s up from 61.3 in August, which was revised higher. And it’s the highest reading since February, when the economy added 259,000 jobs.

Happy consumers help Obama re-election bid

U.S. consumer confidence jumped this month to the highest level since February, bolstered by a brighter hiring outlook. The Conference Board said Tuesday that its Consumer Confidence Index rose to 70.3. That’s up from 61.3 in August, which was revised higher. And it’s the highest reading since February, when the economy added 259,000 jobs.
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