Consumer Confidence Disappoints in December Below Expectations

December Consumer Confidence Declines

Consumer confidence for December dropped to 89.1, falling short of the expected 91.0. This decline signals potential concerns about economic stability as consumers express uncertainty regarding future financial conditions.

Economic Insights from Rick Santelli

Rick Santelli provided insights on the latest economic data during his appearance on ‘Squawk on the Street.’ His analysis highlights the significance of consumer sentiment in shaping economic forecasts and market reactions.