The Obama Boom continues to defy economic rules. Consumer confidence in April rose. This despite declining wages and increased food and energy costs. No explanation of how this occurred!
U.S. consumer confidence rose in April as inflation expectations eased somewhat and consumers felt better about the short-term outlook, according to a private sector report released Tuesday.
The Conference Board, an industry group, said its index of consumer attitudes rose to 65.4 in April from a revised 63.8 in March. The reading topped analysts’ forecasts for 64.5.
The great Obama Boom continues!
