Consumer confidence in the United States rose in December, according to Reuters


© Reuters. FILE PHOTO: A person shops at a supermarket in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly/File Photo

WASHINGTON (Reuters) – U.S. consumer confidence rose more than expected in December on optimism about the job market, which could help boost the economy early next year.

The Conference Board said on Wednesday that its consumer confidence index rose to 110.7 this month from a downwardly revised 101.0 in November. Economists polled by Reuters had forecast the index rising to 104.0 from 102.0 previously reported.