Reported about 7 hours ago
Consumer confidence in the U.S. economy has risen to its highest level since July 2023, with the Conference Board's index reading reaching 111.7 in November, up from 109.6 in October. This increase reflects more positive assessments of the current labor market and future job availability, with fewer consumers fearing a recession in the coming year. Additionally, employment data shows improvements, as fewer respondents reported difficulty in finding jobs, signaling stability in the economy as 2024 approaches.
Source: YAHOO