Consumer Reports is out with the latest edition of its economic-health tracker, the CR Index, and the news is generally positive, with gains in jobs and consumer spending, and declines in stress. But that doesn’t mean it’s time to break out the bubbly: “We are seeing modest improvements across our indices since April, which demonstrate that consumers are starting the long slog out of this historic recession,” said Ed Farrell, a director of the Consumer Reports National Research Center. “But a full recovery will require a substantial period of growth for consumer confidence to fully take hold.” [More]
