Consumer confidence today reached the highest level of 2009. In fact, confidence is now at the highest level since Lehman Brothers collapsed last September. The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, jumped over three points on Friday to 77.9 to the highest level in 11 months. The last time confidence was this high came just before the collapse of Lehman Brothers and the beginning of federal bailouts. The Consumer Index is up four points over the past week, up eight points over the past month, and up 18 points from the beginning of 2009.
The Rasmussen Investor Index, which measures the economic confidence of investors on a daily basis, rose three points on Friday to 82.8. That's around the same level as it was a week ago, but it's up six points from a month ago. Investor confidence is up 20 points from the beginning of the year.
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Friday, August 7, 2009
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