Consumer Confidence Dipped In December : The Two-Way Still, Lynn Franco, director of the Consumer Research Center at the Conference Board, says that "despite this month's modest decline, consumer confidence is no worse off today than it was a year ago."
NPR logo Consumer Confidence Dipped In December

Consumer Confidence Dipped In December

The widely watched Consumer Confidence Index from the private Conference Board edged down to a reading of 52.5 this month from 54.3 in November, the research group just reported.

Still, Lynn Franco, director of the Consumer Research Center at the Conference Board, says in a statement that "despite this month's modest decline, consumer confidence is no worse off today than it was a year ago."

And it's worth remembering that earlier today we got some news that seemed to indicate that consumer spending is on the rise: MasterCard Advisors' SpendingPulse said consumers spent 5.5 percent more this holiday season than in 2009.