U.S. consumer confidence drops to 5-month low as outlook dims

THE U.S. CONSUMER confidence index decreased from 136.4 to 128.1 in December. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE
THE U.S. CONSUMER confidence index decreased from 136.4 to 128.1 in December. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE
NEW YORK - United States consumer confidence slumped in December to the lowest level in five months as expectations deteriorated, the latest sign Americans are growing less optimistic as stock markets gyrate and the expansion moderates. The confidence index decreased to 128.1 from 136.4, according to a report Thursday from the New York-based Conference Board.…

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