Consumer confidence in the U.S. has unexpectedly decrease in the month of December, according to a report released by the Conference Board on Tuesday, with the report also showing a substantial downward revision to the reading on consumer confidence in November.
The Conference Board said its consumer confidence index slid to 88.6 in December from a downwardly revised 92.9 in November.
Economists had expected the consumer confidence index to inch up to 97.0 from the 96.1 originally reported for the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.