Skip to main content
Tags: consumer | confidence | december

Consumers Feel Less Confident in December

Consumers Feel Less Confident in December
Academy Sports + Outdoors of McDonough, Georgia, partnered with the Henry County Sheriff's Office Foundation to take 50 children from the Shaquille O'Neal Boys & Girls Club of Henry County on a $12,500 holiday shopping spree on Dec. 12, 2024. (Todd Kirkland/AP)

Monday, 23 December 2024 10:28 AM EST

American consumers are feeling less confident in December, a business research group says.

The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Analysts forecast a rise to a reading of 113.8. Consumers had been feeling increasingly confident in recent months.

The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.

The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future.

The board reported Monday that consumers’ view of current conditions ticked down just more than a point to a reading of 140.2.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


StreetTalk
American consumers are feeling less confident in December, a business research group says.
consumer, confidence, december
131
2024-28-23
Monday, 23 December 2024 10:28 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved