NATIONAL

November Delivers Another Hit To Sinking Consumer Confidence

0
FILE - A shopper emerges from a Kohl's store on Black Friday, on Nov. 26, 2021, in Everett, Mass. U.S. consumer confidence fell to a nine-month low in November, clipped by rising prices and lingering concerns about the coronavirus. The Conference Board reported Tuesday, Nov. 30, 2021 that its consumer confidence index dropped to a reading of 109.5, down from 111.6 in October. (AP Photo/Josh Reynolds)

(AP) — U.S. consumer confidence fell to a nine-month low in November, held back by rising worries about inflation and lingering concerns about the coronavirus.

The Conference Board reported Tuesday that its consumer confidence index dropped to a reading of 109.5, down from 111.6 in October. It was the lowest reading since the index stood at 95.2 in February.

The Conference Board said that concerns about rising prices and to a lesser degree lingering worries about the delta variant were the primary drives of the decline. US consumer confidence falls in November to nine-month low

 

US Tracking Of Virus Variants Has Improved After Slow Start

Previous article

Biden Puts Focus On Infrastructure Amid New Virus Concerns

Next article

You may also like

More in NATIONAL