Pursuits
Consumer Confidence in U.S. Increases More Than Projected
- Optimism about current state of the economy improves
- Share saying jobs plentiful is second-highest in eight years
Is the U.S. Headed for a Recession?
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Consumer confidence rebounded more than forecast in December as Americans grew more optimistic about the current state of the economy and job market.
The Conference Board’s sentiment index climbed to 96.5 from a revised November reading of 92.6 that was higher than previously estimated, the New York-based private research group said Tuesday. The median forecast in a Bloomberg survey of economists called for 93.5.