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U.S. Consumer Sentiment Dips in Preliminary December Results

The U.S. consumer sentiment index preliminary reading for December was 96.8, falling 1.7% from November, according to the University of Michigan’s Survey of Consumers. Consumer sentiment also fell 1.4% when compared to the same period in 2016. The index measuring current economic conditions rose 2.1% from November to 115.9 and was up 3.6% from December 2016. Consumer expectations in December fell 4.8% from the previous month to 84.6 and decreased 5.5% in a year-over-year comparison. See University of Michigan

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