1: US consumer confidence is ticking up again
The Conference Board Consumer Confidence Index® increased again in December, after an upward revision in November. The Index now stands at 115.8, up from 111.9 in November.
2: Consumer spending over the Christmas period rose by 8.5% overall.
3: Q4 GDP is tracking high
According to the Atlanta Fed GDPNow estimate as of December 23rd, Q4 real GDP is on pace to hit 7.6%, which appears to be above consensus estimates.