More Americans Upbeat About Economy 2011 - The downbeat sentiment underscores the challenges ahead for the increasingly shaky recovery and for retailers, which are grappling with a weak start to back-to-school shopping. Worries are even growing about the critical holiday shopping season. The Conference Board, a private research group, said Tuesday that its Consumer Confidence Index rose to 53.5 from a revised 51.0 in July. Economists surveyed by Thomson Reuters had expected 50.5. The increase comes after two straight months of declines. "The consumer is still struggling, and the prospects look like more of the same," said Ken Perkins, president of research firm RetailMetrics. More Americans Upbeat About Economy 2011
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