Tuesday, 24 December 2024

US consumer confidence slides to 104.7 as future outlook weakens

by BD Banks

US Conference Board Consumer Confidence dropped to 104.7 in December, falling short of expectations for 113.2 and down from 112.8 in November. Present Situation Index slipped by -1.2 points to 140.2. The more forward-looking Expectations Index plunged -12.6 points to 81.1, nearing the critical 80 threshold that often signals recession risks. Dana M. Peterson, Chief […]

The post US consumer confidence slides to 104.7 as future outlook weakens appeared first on Action Forex.

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