
Highlights
- The Conference Board's Consumer Confidence Index for November eased to 125.5 (Briefing.com consensus 126.9) from 125.9 in October, marking the fourth straight monthly retreat.
Key Factors
- The Present Situation Index decreased from 173.5 to 166.9.
- The Expectations Index increased from 94.5 to 97.9.
Big Picture
- The key takeaway from the report is that consumers continue to remain relatively upbeat about the short-term outlook based in part on income prospects, which should be a support for holiday spending activity.
Category | NOV | OCT | SEP | AUG | JUL |
---|---|---|---|---|---|
Conference Board | 125.5 | 126.1 | 126.3 | 134.2 | 135.8 |
Expectations | 97.9 | 94.5 | 96.8 | 106.4 | 112.4 |
Present Situation | 166.9 | 173.5 | 170.6 | 176.0 | 170.9 |
Employment ('plentiful' less 'hard to get') | 32.1 | 36.1 | 33.5 | 38.3 | 33.1 |
1 yr inflation expectations | 4.4% | 4.8% | 4.8% | 4.9% | 4.6% |