ANN ARBOR–(ENEWSPF)–April 25, 2014. Consumer confidence has rebounded to nearly its highest level since 2007, according to the Thomson Reuters/University of Michigan Surveys of Consumers.
Conducted by the U-M Institute for Social Research since 1946, the surveys monitor consumer attitudes and expectations.
The April level of consumer confidence was just one index-point below the post-recession peak, according to U-M economist Richard Curtin, director of the surveys. The recent gain, he said, was due to much…
