According to a report by research company Conference Board consumer confidence index in the U.S. in December dropped to 122.1 128.6 points versus the previous month.
Analysts had forecast a December figure of 128.2 compared to the originally announced November value of 129.5.
The assessment of the current situation in December increased to 156.6 154.9 vs last month.
The expectations index dropped to 99.1 vs 111.0 in November.
Consumer confidence is one of the key economic indicators of the United States, which reflects the confidence of Americans in the future and, accordingly, their willingness to spend money to purchase consumer goods and services in the near future. The indicator is calculated on the basis of a survey of about 5 thousand American families, who traditionally respond to two basic questions: how favorable, in their opinion, are the conditions for employment and business development in the US currently.