Confidence Rises to Five-Month High as Americans Cheer Discounts
Examining the State of the U.S. Economy
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Confidence ended the year on a brighter note as low prices put U.S. consumers in the holiday spirit.
The University of Michigan said Wednesday that its final sentiment index for the month climbed to 92.6, the highest since July, from 91.3 in November. The median projection in a Bloomberg survey of economists called for a reading of 92 after December’s preliminary figure of 91.8.