31-01-2017 19:35 via news.yahoo.com

U.S. consumer confidence eases off 15-year high; wage growth modest

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer confidence retreated from a 15-year high in January likely as some of the election euphoria fizzled, but households remained upbeat about the labour market, suggesting that the economy would continue to grow this year. Other data on Tuesday showed an acceleration in house prices in November, which should further boost household wealth and support consumer spending even as wage growth remains moderate. The jump was in tandem with a stock mark
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