By  on December 27, 2017

Consumers may have ended the year on a shopping spree as retail data suggests a robust holiday season, but the confidence of shoppers doesn’t seem as good in the near-term outlook.

The Conference Board today disclosed its latest Consumer Confidence Index for the year, and the Index slipped to 122.1 from 128.6 last month. The Present Situation Index inched up to 156.6 from 154.9, but the Expectations Index fell to 99.1 from 111.0 in November.

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