US Consumer Sentiment Rises for the Fifth Straight Month
- University of Michigan final December sentiment at 74
- The outlook for short-term inflation rate edged up to 2.8%
Shoppers carry bags at Broadway Plaza in Walnut Creek, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
US consumer sentiment rose for a fifth month in December and views on inflation edged up.
The final December sentiment index increased to 74 from 71.8 last month, according to the University of Michigan. The median estimate in a Bloomberg survey of economists called for a reading of 74.2.