As the holiday season kicks in, consumers still don't feel great about their finances | CNN Business

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US consumer confidence fell in November as inflation and economic uncertainty continued to loom large and potentially dampen holiday shopping plans

The Conference Board’s consumer confidence index measured 100.2 for the month, lower than the downwardly revised 102.2 in October. The index is at its lowest level since July, when it fell to 95.

7 amid spiking gas prices and worsening inflation. A reading above 100 indicates an optimistic attitude toward the economy and higher propensity to spend. Economists were expecting a reading of 100, according to consensus estimates on Refinitiv. This story is developing and will be updated.

 

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