#USConsumerConfidence According to the Conference Board, consumer confidence pulled back in December, with the index decreasing by 8.1 points to 104.7 ¹. However, the University of Michigan's Consumer Sentiment Index increased by 2.2 points to 74.0 in December, beating expectations ².

Despite the optimism, consumers remain cautious about spending, with many opting for lower-priced goods or delaying purchases ³. This trend is reflected in the decline in intent to splurge,