American consumers feeling less confident in December, Conference Board says
- American consumers are feeling less confident in December, according to a business research group.
- The Conference Board reported that its Consumer Confidence Index fell back in December to 104.7 from 112.8 in November.
- Americans' short-term expectations for income, business, and the job market dropped to 81.1.
- The Conference Board states that a reading under 80 can signal a potential recession in the near future.
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Coverage Details
Total News Sources0
Leaning Left7Leaning Right8Center7Last UpdatedBias Distribution36% Right
Bias Distribution
- 36% of the sources lean Right
36% Right
L 32%
C 32%
R 36%
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