RSS US Consumer Confidence Rises in December: Thomson Reuters IPSOS PCSI Report

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 RSS US Consumer Confidence Rises in December: Thomson Reuters IPSOS PCSI Report

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According to the latest data released by Thomson Reuters in conjunction with IPSOS, the United States saw a rise in consumer confidence this December. The Primary Consumer Sentiment Index (PCSI) reached 57.59, marking an increase from the November figure of 55.71. This uptick underscores growing optimism among U.S. consumers for the upcoming months.

The change indicates an improvement in the overall economic outlook as perceived by consumers, with sentiments possibly buoyed by holiday season spending and positive economic indicators. The data, which was updated as of December 11, 2024, suggests that while challenges remain, confidence in sustained economic resilience is growing.

This rise in the PCSI could signal potential boosts in consumer spending and a positive impact on markets and retail sectors as the year draws to a close. As the index measures perceptions about personal financial situations, local economies, and access to jobs, these figures will be closely watched by policymakers and economists to gauge further economic trends into the new year.

The material has been provided by InstaForex Company - www.instaforex.com
 
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