Consumer Confidence Surges in May 2013

ANN ARBOR–(ENEWSPF)–May 31, 2013.  A rising stock market and higher home prices prompted consumers to report their most improved financial situation in more than five years, according to University of Michigan economist Richard Curtin, director of the Thomson Reuters/University of Michigan Surveys of Consumers. The Surveys, conducted by the U-M Institute for Social Research (ISR) since 1946, monitor consumer attitudes and expectations.