US consumer confidence, economy hopes rise-ABC News
NEW YORK, Oct 6 (Reuters) - ABC News said on Tuesday that its weekly gauge of U.S. consumer confidence edged higher, thanks to optimistic views on the national economy.
The Consumer Comfort Index rose to -45 in the week ended Oct. 4, after spending two weeks at a flat reading of -46.
Positive views on the U.S. economy touched their highest level in a year, according to ABC.
However, the CCI continues to stay in deeply negative territory.
The index first hit a record low of -54 in the week to Dec. 1, 2008, and again in the week to Jan. 25, 2009.
------POSITIVE VIEWS ON-------
NATIONAL PERSONAL BUYING W/E CCI ECONOMY FINANCES CLIMATE ------------------------------------------------ 10/4 -45 11 44 27 9/27 -46 10 45 26 9/20 -46 10 45 26 9/13 -49 9 44 24 9/6 -48 8 45 25 8/30 -45 8 48 27 8/23 -45 8 49 25 8/16 -46 7 48 26 8/9 -47 8 47 25 8/2 -49 9 44 24
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ended Oct. 4 and has a margin of error of plus or minus 3 percentage points.
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