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Consumer Confidence Edged Higher in May; Personal Income, Spending Grew in April (Dow Jones)

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May 28, 2002 12:00 a.m. - YAHOO.COM

...The Conference Board report noted that 21% of consumers view business conditions as good, an increase from the 19.7% who said so in April....... number was in line with expectations, while the spending number was weaker than what Wall Street had expected.......A survey of economists by Thomson Global Markets forecast a 0.3% jump in personal income and a 0.7% rise in spending in April. The report showed that disposable...

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