November 29, 2022

Hardwood Paroxysm

All Latest News For You!

US consumer confidence rises 115.8 points in December

News film (Teleforza) – U.S. consumer confidence improves in December. The U.S. Convention Board Policy on Consumer Sentiment ranged from 111.9 points to 115.8 points in November (initially revised from 109.5). There is data Exceeding expectations Analysts who were indexing at 110.8 points. During the same period, the current benchmark index fell to 144.1 points from the previous 144.4 points, while the expectation index rose to 96.9 points from 90.2 points.

“After a very modest profit in November, consumer confidence improved further in December,” said Lynn Franco, senior director of the conference board’s economic indicators. “The current contextual index is slightly lower, but much higher, which indicates that The economy maintained its momentum in the final months of 2021 – He noted – Expectations on short-term growth opportunities have improved The basis for continued growth in early 2022. Over the next six months the percentage of consumers planning to buy homes, cars, large appliances and vacations has increased. “

“Meanwhile, concerns about inflation have eased since last month’s 13-year high, despite concerns about the Covit-19, continued inflation and reports of the emergence of the Omigron variant. Faced with dizziness due to rising prices and the expected winter epidemic“.

(Teleforza) 22-12-2021 16:19

See also  Joe Biden says the United States will tolerate minor Russian incursions into Ukraine