Up, up, and away
from DC Velocity
We may be in a "jobless recovery" and the 2013 holiday shopping season may have been a disappointing one for many retailers, but with the housing market gaining traction, industrial production on the upswing, and the U.S. economy improving in many other respects, it's not surprising that U.S. consumer confidence is up — way up. In fact, the monthly average for the Reuters/University of Michigan Consumer Sentiment Index for 2013 was the highest since 2007.
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