Global Economic News

U.S. Consumer Confidence Dips Amid Concerns About Rising Prices

After reporting an unexpected improvement in U.S. consumer confidence in the previous month, the Conference Board released a report on Tuesday showing consumer confidence deteriorated in the month of November.

The Conference Board said its consumer confidence index fell to 109.5 in November from a downwardly revised 111.6 in October. Economists had expected the index to dip to 110.7 from the 113.8 originally reported for the previous month.

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by RTTNews Staff Writer

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