Wednesday, December 28, 2016

U.S. Consumer Confidence Index Increased to 113.7 in December


By Bloomberg, Dec. 27, 2016 

Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New York-based Conference Board.

Key Points

Confidence index increased to 113.7 (forecast was 109) from a revised 109.4 in November
Measure of consumer expectations for the next six months rose to 105.5, the highest since December 2003, from 94.4
Present conditions index fell to 126.1 from 132
Share of Americans expecting better business conditions six months from now rose to 23.6 percent, the highest since February 2011, from 16.4 percent

Read More: https://www.bloomberg.com

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