Consumer Confidence Declined 'Marginally' in December, Says Conference Board
Consumer intentions to buy new TV sets plunged in December from November, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 U.S. homes through Dec. 13 and found 11.6 percent plan to buy a new TV set in…
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the next six months, said the board. That was down from 13 percent in November, 12.3 percent in October and 11.9 percent in December 2018, it said. Consumer confidence declined “marginally” in December, said the board: “While consumers’ assessment of current conditions improved, their expectations declined, driven primarily by a softening in their short-term outlook regarding jobs and financial prospects.”