US consumer confidence jumps in January to 131.6, vs 128 expected

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US consumer confidence jumps in January to 131.6, vs 128 expected
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Consumer confidence grew more than expected in January as the outlook around the labor market improved, data released Tuesday showed.

Consumer confidence in the U.S. grew more than expected in January as the outlook around the labor market improved, data released Tuesday by The Conference Board showed.

The Board's consumer confidence index rose to 131.6 this month from 126.5 in December. Economists polled by Dow Jones expected consumer confidence to rise to 128.

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