The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

US consumer confidence unexpectedly drops, hits four-month low

Published Tue, Dec 22, 2020 · 04:14 PM
Share this article.

[WASHINGTON] US consumer confidence unexpectedly fell in December to a four-month low amid surging Covid-19 cases that are spurring more states to tighten restrictions on businesses and travel.

The Conference Board index decreased to 88.6 from a downwardly revised 92.9 reading in November, according to a report from the group Tuesday. That was below all estimates in a Bloomberg survey of economists that had called for 97. The gauge of expectations rose while a measure of sentiment about current conditions fell.

BLOOMBERG

SEE ALSO
Freddie Mac seeks regulatory approval to back home-equity loans
A NEWSLETTER FOR YOU
Friday, 2 pm
Lifestyle

Our picks of the latest dining, travel and leisure options to treat yourself.

KEYWORDS IN THIS ARTICLE

Travel

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here