Consumer Sentiment in U.S. Climbs to Highest Since 2007

http://www.bloomberg.com/news/2012-05-25/consumer-sentiment-in-u-s-climbs-to-highest-since-2007.html

A record number of households said they’d heard better news on the jobs outlook, which combined with cheaper gasoline and an improving housing market may help sustain consumer spending and shield the economy from Europe’s debt crisis. The figures also showed 63 percent of Americans, the most in more than a year, had a favorable view of buying conditions for big-ticket items.