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Bloomberg
US consumer confidence unexpectedly dropped for the fourth time in five months in December, as expectations for income and job-market conditions coutinued to edge
down.
The Conference Board’s gauge decreased to 126.5 from an upwardly revised 126.8 in November, according to data released on December 21 that missed the median projection in a Bloomberg survey of
economists.
The measure of present conditions rebounded from a five-month low, while economic expectations eased.