Key Takeaways Consumer confidence improved again in November, nearing its highest in two years.More people said they felt better about the current economic environment in The Conference Board monthly survey.

Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked up to 111.7 from 109.6 in October. The small increase followed a big gain in October.

As the country heads toward the end of the year holidays, consumers continue to express confidence in the U.S. economy.In November, the Conference Boar

Democrat-centric California was one of just 19 states that didn’t support Republican Trump in the presidential election. Curiously, California confidence rose 18% in the three months following Trump’s first win in 2016. Californians’ sour outlook of their economics future was key to the drop in this measure of confidence.

US CONSUMER confidence increased in November to the highest level in more than a year on optimism about the economy and labour market in the wake of Donald Trump’s election victory. Read more at The Business Times.

The Conference Board said its consumer confidence index increased to 111.7 this month, the highest since July 2023, from a revised 109.6 in October.

Consumer confidence rose in November as Americans grew more optimistic about the labor market and the current state of the economy even as other reports from earlier this fall showed home prices slowing and new home sales down sharply.

U.S. consumer confidence increased to a 16-month high in November amid optimism over the labor market, expectations for lower inflation and higher stock prices over the next year. Part of the second straight monthly rise in confidence reported by the Conference Board on Tuesday likely reflected the outcome of the Nov.