Job Worries Hinder Consumer Outlook

Summary


NEW YORK - A closely watched gauge of consumer sentiment rose in January, with Americans' increasing confidence in the economy tempered only by doubts about jobs, an industry group reported Tuesday.

The Conference Board said its consumer confidence index rose to 96.8, the highest level since mid-2002, following a dip in December to a revised reading of 91.7.

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Extract


Job Worries Hinder Consumer Outlook

The rise in the index, while sizable, was smaller than the expectat...

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