Consumer Confidence Surges In July - Presented by: The Aol. On Network

The Conference Board said Tuesday, consumer confidence soared in July, climbing to its highest level since October 2007. Its Consumer Confidence Index reached 90.9, up from 86.4 in June. From February through June, the economy has added more than 1.2 million jobs and the unemployment rate has fallen to 6.1% from 6.7%. Those expecting more jobs in the months ahead increased to 19.1% from 16.3%, while those betting on fewer jobs fell to 16.4% from 18.4%.



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