Consumer Sentiment Index Rises to 60.1 in December

The University of Michigan’s final December consumer sentiment index reading was 60.1, compared to the preliminary December 59.1 reading, and the final November 55.3 reading, according to market sources.

Economists polled by Thomson Reuters had predicted a 58.6 reading for the index.

The expectations index was 54.0, compared to 52.4 earlier in the month, and 53.9 in November.

The current conditions index was 69.5, compared to 69.4 earlier in the month, and 57.5 in November.

Economists polled by Thomson had predicted a 66.5 reading for the current conditions index and 52.7 for the expectations index.

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