U.S. consumer sentiment rises in Dec., topping estimates

THE DECEMBER CONSUMER SENTIMENT index rose from 97.5 in the prior month to 98.3, topping estimates. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT
THE DECEMBER CONSUMER SENTIMENT index rose from 97.5 in the prior month to 98.3, topping estimates. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT
NEW YORK - United States consumer sentiment unexpectedly improved as views on economic conditions improved, helping bolster the outlook for American spending. The University of Michigan’s final December sentiment index rose from the prior month to 98.3, topping all forecasts in Bloomberg’s survey of economists, a report Friday showed. The gauge of current conditions climbed…

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