Economics

Consumer Confidence in U.S. Increases to a Three-Month High

  • Americans more upbeat about expectations for economy, jobs
  • Fewer expect stock prices to increase in next 12 months

U.S. Home Prices Rise in November

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Consumer confidence improved in January to a three-month high as Americans grew more upbeat about the prospects for the economy, labor market and their incomes.

The Conference Board’s index of sentiment advanced to 98.1 in January from a revised 96.3 a month earlier, the New York-based private research group said Tuesday. The median forecast of economists in a Bloomberg survey called for the measure to hold at the previously reported December reading of 96.5.