NEW YORK, Dec 22 (Reuters) - ABC News said on Tuesday its
weekly gauge of U.S. consumer confidence spiked in the latest
week, reaching its 2009 high for the second time this year.
The ABC Consumer Comfort Index jumped to -42 in the week ended Dec. 20 from -45 the prior week. The reading matched the May 10 reading, the highest of the year.
The CCI has spent most of 2009 in deeply negative territory and had been stuck in a range of -47 to -45 since Nov. 8.
The index first posted a record low of -54 in the week to Dec. 1, 2008 and again in the week to Jan. 25, 2009. It has not been on positive ground since March 2007.
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ending Dec. 20 and has a margin of error of plus or minus 3 percentage points.
------POSITIVE VIEWS ON-------
NATIONAL PERSONAL BUYING W/E CCI ECONOMY FINANCES CLIMATE
12/22
42 7 50 30
12/13
45 7 47 29
12/6
47 8 44 28
11/27
45 9 45 28
11/22
47 10 43 26
11/15
45 11 46 25
11/8
46 11 45 25
11/1
49 10 42 24
10/25
51 10 43 21
10/18
50 11 41 23
(U.S. Treasury desk; Tel: 646-223-6300) Keywords: USA ECONOMY/ABC
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The ABC Consumer Comfort Index jumped to -42 in the week ended Dec. 20 from -45 the prior week. The reading matched the May 10 reading, the highest of the year.
The CCI has spent most of 2009 in deeply negative territory and had been stuck in a range of -47 to -45 since Nov. 8.
The index first posted a record low of -54 in the week to Dec. 1, 2008 and again in the week to Jan. 25, 2009. It has not been on positive ground since March 2007.
The ABC News consumer confidence survey was based on a sample of about 1,000 interviews conducted in the four weeks ending Dec. 20 and has a margin of error of plus or minus 3 percentage points.
------POSITIVE VIEWS ON-------
NATIONAL PERSONAL BUYING W/E CCI ECONOMY FINANCES CLIMATE
12/22
42 7 50 30
12/13
45 7 47 29
12/6
47 8 44 28
11/27
45 9 45 28
11/22
47 10 43 26
11/15
45 11 46 25
11/8
46 11 45 25
11/1
49 10 42 24
10/25
51 10 43 21
10/18
50 11 41 23
(U.S. Treasury desk; Tel: 646-223-6300) Keywords: USA ECONOMY/ABC
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.