Job growth continues as fears of rising inflation fade

ANN ARBOR—Consumer confidence rose in the June 2004 survey, regaining the entire loss recorded inMay. “The overall level of consumer confidence has been quite favorable during the first half of 2004. In only11 out of the past 52 years have consumers been more confident, with nearly all of these instances clustered in theearly 1960s and late 1990s,” according to Richard Curtin, the Director of the University of Michigan