- Aug 7, 2012
- Reaction score
Consumer Confidence Highest in Five Years
Another sign that the economy is recovering is that consumer confidence in the economy is at the highest level in 5 years according to the October University of Michigan survey. Rising stock and property prices as well as falling unemployment are responsible for consumer having a brighter outlook. It is expected that an improving economy will blunt one of Mitt Romney's key arguments: that Obama has mismanaged the economy.