Dec 30, 2014 10:11 AM
US consumer confidence rises in December
The Associated Press
WASHINGTON (AP) U.S. consumer confidence rose in December, a private survey shows.
The Conference Board says its consumer confidence index climbed to 92.6 from a revised 91 in November.
Consumers registered a more favorable view of current economic conditions. But their expectations for the near future fell slightly. Still, those expectations are rosier now than they were when 2014 began.
The U.S. economy is showing considerable strength. Economic output grew from July through September at the fastest pace in 11 years. And employers are hiring 241,000 workers a month, the strongest hiring since 1999.