the August Consumer Confidence index. The index rose to 54.1, surprising economists who thought it would rise to 47.9. The index stood at a revised 47.4 in July.

While the report was significant, it doesn't often correlate to what the consumer ends up doing, said Kim Caughey, senior equity analyst at Fort Pitt Capital Group.

"Unemployment is continuing to rise, and that's going to keep the consumer out for the time being," Caughey said. She said inventory rebuilding on the part of corporations will help support the economy in the short term, rather than a rise in consumer spending.

She said the Bernanke announcement was more notable.

Fed: President Obama nominated Ben Bernanke to chair the Federal Reserve for a second term, announcing the reappointment months ahead of the expiration of Bernanke'sKlamath Falls Airport (LMT)

GPS Location:42.1561, -121.733

Altitude:4095ft / 1244m

City:

Country:United States

IATA Code: LMT

ICAO Code: KLMT

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The Klamath Falls Airport (Airportcode LMT) is located in United States. The geographical position is 42.1561 Latitude and -121.733 Longitude in the North-Eastern Hemisphere at an altitude of 4095 feet.