© Reuters. FILE PHOTO: Buyers browse in a grocery store whereas sporting masks to assist gradual the unfold of coronavirus illness (COVID-19) in north St. Louis, Missouri, U.S. April 4, 2020. REUTERS/Lawrence Bryant
WASHINGTON (Reuters) – U.S. shopper confidence improved additional in December, suggesting the economic system would proceed to broaden in 2022 regardless of a resurgence in COVID-19 infections and lowered fiscal stimulus.
The Convention Board mentioned on Wednesday its shopper confidence index elevated to a studying of 115.8 this month from an upwardly revised 111.9 in November. Economists polled by Reuters had forecast the index rising to 110.8 from the beforehand reported studying of 109.5 in November.
The nation is experiencing an explosion in COVID-19 infections, pushed by the Delta and extremely contagious Omicron variants, which might hamper financial exercise within the first quarter.
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