The final reading for the December Reuters/Michigan index of consumer sentiment came in at 99.3 compared to a preliminary reading of 99.2 and the November final reading of 96.8. That was the highest reading since May.

Economists had forecast the index to be unrevised at 99.2.

According to the report, the index of the current economic conditions climbed to 115.5 from November's final reading of 111.6.

Meanwhile, the index of consumer expectations rose to 88.9 from November's final reading of 87.3.

The report notes that impeachment hearing had a barely noticeable impact on economic expectations.