Economy

Consumer Confidence Rises on Optimism for More Hiring, Lower Inflation

U.S. consumer confidence rose in November, buoyed by optimism around job availability, easing inflation expectations, and reduced concerns about a recession.
Consumer Confidence Rises on Optimism for More Hiring, Lower Inflation
People walk past small businesses in Doylestown, Pa., on Nov. 4, 2021. Matt Rourke/AP Photo
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

U.S. consumers grew more upbeat in November on increased optimism around job availability, easing inflation expectations, and reduced recession fears, according to the latest report from The Conference Board.

The group’s consumer confidence index rose to 111.7 in November, up from 109.6 in October, marking the second consecutive month of improvement, according to the Nov. 26 report.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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