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U.S. Consumer Confidence Plummets Amid Economic Woes

11/27/2025

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Story summary
  • The Conference Board reported that U.S. consumer confidence fell to 88.7 in November, the lowest since April.
  • The drop follows a government shutdown, weak hiring, and persistent inflation.
  • Confidence declined across all income levels and political affiliations, with independents showing the steepest decline.
  • The ten-month trend below 80, along with inflation concerns and labor-market worries, suggests growth may slow in Q4.