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U.S. Economy: Consumer Confidence Rises to 3-Yr High - 2005-06-28
U.S. consumer confidence increased in June to the highest level in three years as an improving labor market and rising incomes outweighed higher energy prices, a private survey showed.

The Conference Board's index of sentiment climbed to 105.8 during the month, higher than forecast, from 103.1 in May. Americans were more satisfied with their current financial situations than at any time since the September 2001 terrorist attacks, the New York-based research group said today.
Read the full story at Bloomberg

Even with no bubble, housing could be trouble - 2005-06-28
When Fed Chairman Alan Greenspan and his central banker colleagues have their two-day midyear meeting on monetary policy this week, America’s booming housing market will be very much on their minds.

It is certainly on the minds of economists participating in MSNBC.com’s semi-annual roundtable, who regard the continuing housing boom as the biggest economic surprise of the year so far.
Read the full story at MSNBC