Consumer Confidence Rises in Early September

U.S. consumers felt a little more optimistic about the economy in early September, as they watched the pace of job cuts slow.

The Reuters/University of Michigan consumer sentiment index for early September released this morning rose to 70.2 from 65.7 in August, beating forecasts of 67.5.

What does this mean?  Well, we all hope this means that consumers will fill more comfortable purchasing appliances.  This afterall would go a long way to pulling us out of this mess.  When you add the stimulus money out there to replace appliances, let's all hope that brighter days are ahead.