US consumer confidence dropped to 96.1, not foreseeing strength in economy next year

<p>US Conference Board Consumer Confidence dropped to 96.1 in November, down from 101.4, missed expectation of 98.3. Present Situation Index dropped from 106.2 to 105.9. Expectations Index dropped notably from 98.2 to 89.5. &#8220;Consumer confidence declined in November, after remaining virtually flat in October,&#8221; said Lynn Franco, Senior Director of Economic Indicators at The Conference [&#8230;]</p>
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