By  on May 27, 2014

Consumers were more confident this month, sending the Consumer Confidence Index up.

The Conference Board's Consumer Confidence Index is now at 83, up from 81.7 last month. Both components of the Index showed gains compared with their respective levels in April. The present situation index rose to 80.4 from 78.5, while the expectations component inched up to 84.8 from 83.9.

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