Consumers' short-term outlook improved moderately in December. Those expecting business conditions to worsen in the next six months decreased to 9.2 percent from 11.5 percent. Consumers expecting business conditions to improve, however, also dipped to 18.1 percent from 19.0 percent.
The outlook for the labor market did not change. Those expecting more jobs to become available in the next six months were virtually unchanged at 14.3 percent versus 14.1 percent a month ago. Those expecting fewer jobs were also virtually unchanged at 18.0 percent versus 18.1 percent in November.
The proportion of consumers anticipating their incomes to increase in the months ahead declined to 20.6 percent from 21.3 percent last month.
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