(Reuters) – American household morale has improved more than expected since the beginning of December, the first results of the monthly survey from the University of Michigan showed on Friday.
Its confidence index stood at 69.4 while economists polled by Reuters anticipated a figure of 62.0 after 61.3 in November.
The component of consumers’ judgment of their current situation rose to 74.0 after 68.3 and that of outlook to 66.4 after 56.8. For these two subindexes, the consensus was 68.5 and 57.0, respectively.
(Written by Dan Burns, French version Claude Chendjou, edited by Bertrand Boucey)
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