Consumer confidence highest in over five years in June

Tue Jun 25, 2013 10:11am EDT
 
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NEW YORK (Reuters) - Consumer confidence jumped in June to its highest level in over five years as Americans were more optimistic about business and labor market conditions, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes rose to 81.4 from a downwardly revised 74.3 the month before. It was the highest since January 2008 and beat expectations for 75.4.

May was originally reported as 76.2.

(Reporting by Leah Schnurr; Editing by Chizu Nomiyama)

 
A woman shops with her daughter at a Walmart Supercenter in Rogers, Arkansas June 6, 2013. REUTERS/Rick Wilking