U.S. Sept. Michigan Sentiment Index Increases to 73.1 (Update1)
By Bob Willis
Sept. 12 (Bloomberg) -- Confidence among U.S. consumers rose the most in more than four years as a decline in gasoline prices provided relief from rising unemployment and tumbling home values.
The Reuters/University of Michigan preliminary index of consumer sentiment increased to 73.1 this month, the biggest increase since January 2004, from 63 in August. The measure averaged 85.6 in 2007. http://www.bloomberg.com/apps/news?pid=20601087&sid=aCA0tORJq184&refer=home