Tuesday, January 2, 2018

Confidence slips, but not by much

What goes up, must come down – at least most of the time.

That’s what happened to the Conference Board’s Consumer Confidence Index in December, which slipped to 122.1, down from a 17-year high in November of 128.6.

The Present Situation Index increased from 154.9 to 156.6, while the Expectations Index declined from 111.0 last month to 99.1 this month.. . . more

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