Inflation concerns and, to a lesser extent, lingering worries about the pandemic drove U.S. consumer confidence down to a nine-month low in November, according to The Conference Board.
The Conference Board’s consumer confidence index fell in November to a reading of 109.5, down from 111.6 in October, according to a Nov. 30 release. The downtick represents the lowest reading in the measure since it hit 95.2 in February.
