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Consumer confidence improves moderately, but present situation weakens further.
The Conference Board Consumer Confidence Index[TM], which had declined to an all-time low in October, improved moderately in November. The Index now stands at 44.9 (1985=100), up from 38.8 in October. The Present Situation Index decreased to 42.2 from 43.5 last month. The Expectations Index increased to 46.7 from 35.7 in October.
The Consumer Confidence SurveyTM is based on a representative sample of 5,000 U.S. households. The monthly survey is conducted for The Conference Board by TNS. TNS is the world's largest custom research company. The cutoff date for November's preliminary results was November 18th.
Consumers' assessment of current conditions ...
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