Americans’ confidence in the U. S. economy’s strength is declining despite an overall strong year, a consumer survey released Thursday shows.
Dec. 27 (UPI) — Americans’ confidence in the U. S. economy’s strength is declining despite an overall strong year, a consumer survey released Thursday shows.
The monthly survey conducted by Nielsen for a nonpartisan think tank called The Conference Board found that consumer confidence in business and labor market conditions decreased in December, following a modest decline the previous month.
The percent of consumers saying business conditions are currently « good » decreased from 42 percent to 37.2 percent in December while those claiming the same conditions were « bad » increased from 10.