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US December Consumer Confidence Index Falls to 104.7, Below Expectations

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Minseung Kang
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  • The U.S. December Consumer Confidence Index fell to 104.7, falling short of expectations.
  • This is significantly below the 112.9 anticipated by the Wall Street Journal.
  • The Consumer Confidence Index provides an important signal to investors by reflecting consumer expectations for the future economy.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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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.

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Minseung KangholderBadgeholderBadge dark

minriver@bloomingbit.ioBloomingbit reporter