US Consumer Sentiment Index Declines

The United States consumer sentiment index, issued by the University of Michigan, declined to 80.7 in December from an initial reading of 81.4 earlier this month.

It is worth noting that in November the index registered 76.9 points.

The current conditions index increased to 90 from 87 last month.

The expectations index also went up to 74.6 from 70.5 in November.