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The Conference Board reports that consumer confidence rose more than expected in December. |RYT9

A survey by the Conference Board, an economic research organisation, showed that its consumer sentiment index rose to 108.3 in December, the highest level since April. And above analysts’ expectations of 100.5 from 101.4 in November.

In addition, the confidence index on the current economic situation And the index of economic conditions in the next 6 months has increased.

The Consumer Confidence Index gained positive factors as consumers eased concerns about inflation.

The US Consumer Confidence Index is a survey of consumer sentiment, sentiment about the current economy and the next six months, personal finances. and employment