Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. US Consumer Confidence Rises by VOA News Consumer confidence, which is a key driver of U.S. economic growth, improved in December, according to two studies published Tuesday. The Conference Board's closely-watched survey shows more consumers have a favorable view of current economic conditions and fewer say the business climate is bad. A separate survey by Gallup questioned more than 2500 consumers and found the most confidence in economic conditions since 2008. The improved outlook follows a series of mostly upbeat economic reports, including plunging gasoline prices, the economy expanding at a five percent rate in the third quarter, and unemployment falling to 5.8 percent. Still another study shows housing prices rose 4.5 percent in the 12-month period ending in October. Experts say the Case-Shiller index rose at a slower pace than in the recent past because prices have risen beyond the reach of many potential customers. __________________________________________________________________ [1]http://www.voanews.com/content/us-consumer-confidence-rises/2579044. html References 1. http://www.voanews.com/content/us-consumer-confidence-rises/2579044.html