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  Consumers upbeat despite high gas costs
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ContributorTony82 
Last EditedTony82  Jun 15, 2004 01:55pm
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News DateTuesday, June 15, 2004 06:00:00 AM UTC0:0
DescriptionU.S. consumer sentiment brightened in early June as an improving jobs market offset the effect of high gas prices, the instability in Iraq and higher interest rates, analysts said on Tuesday.

The University of Michigan's preliminary survey of consumer confidence for June showed its sentiment index rose to 95.2 from a final reading of 90.2 in May, according to sources who saw the subscription-only report, breaking a two-month decline.
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