U.S. consumer confidence at four-month low; house price inflation slows
U.S. consumer confidence slipped to a four-month low in November, with households less keen to spend on big-ticket items over the next six months amid high inflation and rising borrowing costs, heightening the risks of a recession next year.
US consumer confidence falls in November for 2nd month - Local News 8
By CHRISTOPHER RUGABER AP Economics WriterU.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates, and layoff announcements by several large tech companies. The Conference Board reported Tuesday that its consumer confidence index fell to 100.2 this month, down from 102.2 in October.The post US consumer confidence falls in November for 2nd month appeared first on Local News 8.