Industry ground, the Conference Board, said its index of consumer attitudes rose to a reading of 52.9 in December from a revised 50.6 in November as job market pessimism eased and consumers’ expectations reached a two-year high.
The consumer confidence index beat analysts' forecast of 52.5, which was based on a Reuters poll that ranged from 46.0 to 57.0. Last month's reading was also revised higher from an originally reported 49.5.
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