Consumer Confidence Index Dips In December

The Conference Board’s Consumer Confidence Index, which had increased last month, slipped in December. The Index now stands at 91.3 (1985=100), down from 92.5 last month. The Present Situation Index declined to 73.9 from 81.0. The Expectations Index, however, increased to 102.9 from 100.1.

“The improvement in consumers’ expectations signals healthy economic growth in 2004,” said Lynn Franco, director of The Conference Board’s Consumer Research Center. “But job worries continue. Consum

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