US December Consumer Confidence Index Falls to 104.7, Below Expectations

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The United States' consumer confidence in December fell short of expectations.

On the 23rd (local time), the Conference Board (CB) announced that the U.S. Consumer Confidence Index for December recorded 104.7. This figure is below the 112.9 anticipated by the Wall Street Journal and others.

Consumer confidence tends to signal whether the economy is improving or worsening, reflecting consumers' expectations for the future economy.