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Consumer confidence surges to post-recession high

Consumer confidence just surged to its highest level since the recession. The latest reading on consumer confidence from the Conference Board came in a 104.1 for September, up from the prior month's 101.8. The index touched 105.6 in August 2007, according Joe LaVorgna, chief US economist at Deutsche Bank. Meanwhile, economists had forecast that the index dropped to 99.0 this month, according to the Bloomberg consensus.
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