Consumer confidence misses at 88.7 vs. 93.2 estimated

Breakdown

• November's consumer confidence index was 88.7, below the expected 93.2 and the weakest since April. 13s
• Last month's headline index was revised upward from 94.6 to 95.5. 21s
• The present situation index came in at 126.9, missing expectations and marking the lowest since March 2021. 27s
• Expectations index was 63.2, the lowest since April, with last month's number revised slightly upward. 40s
• All three consumer confidence measures for November missed expectations, but prior month figures were revised higher. 55s