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Households bucked up their confidence in December, suggesting a steady outlook for household spending heading into 2016—according to the latest U.S. confidence measures.
- The December pickup in confidence (from a falloff in November) was evident in both the consumer confidence and consumer sentiment measures, which are reported separately. The pickup was focused in current or present conditions.
- An overall measure of confidence calculated by MacroSavvy™ suggests that the spending mood heading into 2016 is holding near the steady levels evident for most of 2015.
See the table summary for more detail.
Impact @Work: Expect spending trends to hold up best among lower-income households—especially younger lower-income households benefiting from job gains. The place to watch for softer spending will be among upper-income households—especially older, upper-income households. For more, go to the Premium Insights below.
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