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The index of consumer sentiment reading of 74 was lower than the median estimate of 74.2 forecast in a survey of economists, Bloomberg reported Friday. The Bureau of Economic Analysis said Thursday (Dec. 19) that its third and final revision of how the economy fared in the third quarter showed healthy GDP growth at a 3.1% annualized pace. GDP was better than expected, and it’s almost always the case that GDP’s direction rests firmly on the shoulders of U.

S. consumers’ spending, which accounts phone number lookup south africa for roughly 70% of the figure, PYMNTS reported Thursday. Consumer spending, as measured in the personal consumption expenditures index, was up 3.7%, annualized. Workers in a variety of fields feel more optimistic than average, according to the December edition of the PYMNTS Intelligence report New Reality Check: The Paycheck-to-Paycheck Report. The report found that more than one-third of working consumers believe they have better opportunities for career advancement now than in recent years, although paycheck-to-paycheck workers are less likely to share that optimism.

The Surveys of Consumers released Friday by the University of expectations continued a post-election recalibration in which Republicans’ expectations climbed in December while Democrats’ expectations declined, according to the press release. Importantly, for Independents, expectations were essentially unchanged from the past month or so for personal finances, short-run business conditions and long-run business conditions, Hsu said in the release. Recommended Consumer Sentiment Reaches Highest Point Since April as Economy Improves Regal to Allow Moviegoers to Pay With USDC Stablecoin Germany’s Robin Capital Raises $13.