#USConsumerConfidence

Despite the decline in the index, consumers remained optimistic about future job availability, reaching the highest level in almost three years.

Inflation Expectations Declined The 12-month inflation rate fell to 4.9% in November 2024, the lowest level since March 2020.

Despite the decline in consumer confidence in plans to purchase durable goods, more consumers plan to buy big-ticket items in the next six months, such as cars and appliances.