U.S. Consumer Confidence Falls in December From 17-Year High
An employee assists a customer at a store in New York, on Dec. 13.
Photographer: Mark Kauzlarich/BloombergThis article is for subscribers only.
U.S. consumer confidence declined in December from a 17-year high as Americans became less upbeat about the outlook for the economy and job prospects, according to figures Wednesday from the New York-based Conference Board.
Even with the latest cooling off, Americans remain upbeat -- this month was the strongest December since 2000. While expectations about business conditions and job availability declined, the share of respondents who expected their incomes to rise in the next six months increased to the highest since March.