Consumer Confidence Jumps in December

Economic IndicatorsDow Jones Newswires

Americans grew more optimistic about the economy in December, a sign that the postelection bump in confidence continues.

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The Conference Board said Tuesday its index of consumer confidence rose to 113.7 in December up from a revised 109.4 in November. Economists surveyed by The Wall Street Journal expected the index to rise to 109.8 in December.

The outlook for the labor market also increased but consumers' assessment of current economic conditions weakened over the month.

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