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U.S. consumer confidence rises in latest week--ABC
NEW YORK, Nov 1 (Reuters) - ABC News said on Tuesday its weekly measure of U.S. consumer confidence rose from last week's three-month low, as positive views on the buying climate lifted from a year-low.
The ABC Consumer Comfort Index rose to -49 in the week ended Nov. 1 from a -51 the prior week.
While the index broke from its two-week stretch at -50 or lower, it still lies in deeply negative territory, just below its 2009 average of -48.
The CCI has come it at -40 or lower for 80 weeks and has not been on positive ground since March 2007.
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 ------------------------------------------------ 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 9/27 -46 10 45 26 9/20 -46 10 45 26 9/13 -49 9 44 24 9/6 -48 8 45 25
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ending Nov. 1 and has a margin of error of plus or minus 3 percentage points. (U.S. Treasury desk; Tel: 646-223-6300)











