Consumer Confidence Hits High Mark in December

Americans’ views of current economic conditions climbed higher than expected in December, gaining 6.1 points from the previous month to 78, hitting the highest consumer confidence level since April 2008, according to what Bloomberg reported on the Conference Board index. As unemployment falls and household finance rise, people become more optimistic and continue to support the economy with their buying habits. MHProNews understands consumer spending makes up nearly 70 percent of the economy. The index averaged 53.7 during the recession that ended in June 2009, reports

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