Consumer Confidence Slightly Uptick
Update: 2025-12-05
Description
Consumer confidence sees a slight uptick in December, with the University of Michigans survey showing a rise to fifty-three point three. This marks the first monthly increase since July, despite ongoing job market concerns and rising prices. The improvement was observed across all demographics, with younger consumers driving the sentiment gains. However, overall sentiment remains twenty-eight percent lower than last year, and expectations for personal finances and labor market are still relatively low. Consumers anticipate a slower pace of price increases over the next year, but high prices continue to be a significant burden.
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