Global Consumer Confidence Up; N.A. Still Wary

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NEW YORK Global consumers are increasingly optimistic about the economy, but those in North America remain the exception to the rule.

The Nielsen Global Consumer Confidence Survey, released yesterday, showed an uptick in confidence among 24 of the 28 countries surveyed. Worldwide there was a five-point increase from a score of 77 in March to 82 in June. But the North American market saw only a modest increase of 0.6 to 80.7.

This is driven by the fact that 93 percent of North American consumers say the country is still in a recession.

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