US consumer confidence rises to 110.7 in Dec

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<p>US Conference Board Consumer Confidence rose from 101.0 to 110.7 in December, above expectation of 103.9. Present Situation Index rose from 136.5 to 148.5. Expectations Index rose from 77.4 to 85.6. “December’s increase in consumer confidence reflected more positive ratings of current business conditions and job availability, as well as less pessimistic views of business, […]</p>
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