Economy

Consumer confidence blows past expectations, surges by most since early 2021

By Zach Halaschak

Published December 20, 2023 5:51pm ET

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Consumer confidence blows past expectations, surges by most since early 2021 — Quinn Byrne, 5 left, shops with her mother, Jamie Byrne at a Learning Express store in Lake Zurich, Ill., Tuesday, Sept. 26, 2023. | (AP Photo/Nam Y. Huh)

Consumer confidence has surpassed expectations in December and increased by the most in years, good news for the economy heading into the new year.

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Consumers Federal Reserve Inflation Interest Rates Recession