US consumer confidence up in December as economy gains steam
{{#rendered}} {{/rendered}}U.S. consumer confidence rose in December, a private survey shows.
The Conference Board says its consumer confidence index climbed to 92.6 from a revised 91 in November.
Consumers registered a more favorable view of current economic conditions. But their expectations for the near future fell slightly. Still, those expectations are rosier now than they were when 2014 began.
{{#rendered}} {{/rendered}}The U.S. economy is showing considerable strength. Economic output grew from July through September at the fastest pace in 11 years. And employers are hiring 241,000 workers a month, the strongest hiring since 1999.