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Looking for deeper insight into markets? In tonight’s Closer sent to Bespoke Institutional clients, we look into data that was released from the Conference Board that investigates consumer feelings about the economy. Compared to the November reading, consumer confidence was higher by 3.9 points from an upwardly revised figure of 111.9. 19.9% of consumers surveyed stated that business conditions were good, up 2 percentage points from the prior reading. Jobs remain plentiful, but there was a slight month over month decrease in this reading. 26.7% of those surveyed believe that business conditions will better over the next six months, while 17.9% believed conditions would worsen.
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