(MENAFN- Qatar News Agency) US consumer confidence surged in December to nearly regain pre-government shutdown levels, according to the leading monthly survey of consumer sentiment released Tuesday.
The Conference Board, a New York-based business think tank, said Tuesday that this month's survey, based on polling through December 17, showed its index of consumer confidence leaping to 78.1.
From a peak of 80.2 in September, the index had dropped in October and November to a seven-month low of 72, in the wake of the 16-day October shutdown of non-essential services by the federal government, before Congress resolved its budget stalemate. The index is set to a 1985 benchmark of 100.
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