Consumer Confidence Slips in December

.S. consumer confidence in December fell from close to a 15-month high, the University of Michigan said Friday.

The university’s monthly index of consumer sentiment for December fell to 90.2 from 92.1 in November. It had a 93.6 reading in October, which was the highest since July 2005.

Economists had expected the index to fall to 92, Bloomberg reported.