American consumers feeling less confident in December, Conference Board says
- American consumers are feeling less confident in December, according to a business research group.
- The Conference Board reported that its Consumer Confidence Index fell back in December to 104.7 from 112.8 in November.
- Americans' short-term expectations for income, business, and the job market dropped to 81.1.
- The Conference Board states that a reading under 80 can signal a potential recession in the near future.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left8Leaning Right8Center7Last UpdatedBias Distribution35% Left, 35% Right
Bias Distribution
- 35% of the sources lean Left, 35% of the sources lean Right
35% Right
L 35%
C 30%
R 35%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
