Tuesday, May 29, 2007

Consumer confidence improves

Consumer confidence rebounds in May (AP)

John Detjen watches the pump price go over $90 as he fills up his SUV at a gas station in downtown Chicago Friday, May 25, 2007. Nearly half the country thinks near-record gasoline prices will cause serious hardship, prompting ever more people to consider trading their gas guzzlers for more fuel-efficient cars, an AP-Ipsos poll says. (AP Photo/M. Spencer Green)AP - Consumer confidence bounced back unexpectedly in May, despite higher gasoline prices that could raise shoppers' worries about inflation, a private research group said Tuesday.


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