US consumer confidence continues gains in week-ABC
NEW YORK, Nov 10 (Reuters) - ABC News said on Tuesday that its weekly gauge of U.S. consumer confidence rose for the second straight week, edging up from a recent three-month low.
The ABC Consumer Comfort Index rose to -46 in the week ended Nov. 8 from a -49 the prior week.
It was the biggest rise in the index for two consecutive weeks since April, coming off a three-month low hit two weeks ago.
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. It has not been on positive ground since March 2007.
------POSITIVE VIEWS ON-------
NATIONAL PERSONAL BUYING W/E CCI ECONOMY FINANCES CLIMATE ------------------------------------------------ 11/8 -46 11 45 25 11/1 -49 10 42 24 10/25 -51 10 43 21 10/18 -50 11 41 23 10/11 -48 11 42 25 10/4 -45 11 44 27
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ending Nov. 8 and has a margin of error of plus or minus 3 percentage points. (U.S. Treasury desk; Tel: 646-223-6300)
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