Mon, 27 Feb 2012 11:10:18 GMT
US consumer sentiment reached one-year record high
The Thomson Reuters/University of Michigan's consumer sentiment index climbed from 75.0 in January to 75.3 in February as Americans regained confidence about the country's economic outlook. The economists earlier predicted a figure to be at 73.0. Improvements in job market are outweighing concerns about rallying oil prices and instability in Iran, said Richard Curtin, the director of survey.