Consumer confidence rose this month to a six-month high, according to the Thomson Reuters/University of Michigan consumer sentiment index released Thursday.
The final index for December rose a reading of 69.9, from a previously reported preliminary figure of 67.7. The index registered a 64.1 reading in November.
The reading topped economists’ forecasts of a 68 reading, Bloomberg reported.
The index averaged a reading of 89 in the five years leading up to the recession at the end of 2007.
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