Economic Report: Consumer confidence falls to four-month low due to high inflation and rising interest rates

Economic Report: Consumer confidence falls to four-month low due to high inflation and rising interest rates

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The numbers: A survey of consumer confidence fell to 100.2 in November and touched the lowest level in four months, reflecting growing angst about a softening economy and potential recession. The closely followed index dropped 2 points from 102.2 in the prior month, the nonprofit Conference Board…

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