7 On Your Side

Consumer confidence up due to better hiring outlook

Monday, May 28, 2012

U.S. consumer confidence is up. It is now at its highest level in four and a half years. Why? A better hiring outlook and lower gas prices.

CEO's of America's top companies are feeling pretty good too.

The head of a typical public company made $9.6 million in 2011, up more than six percent from the previous year. The figure is also the highest since AP began tracking executive compensation in 2006.

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economy, gas prices, 7 on your side, michael finney
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