US consumer confidence slumps to lowest in seven months

(Image: Getty)

Wed, 26 Nov 2025

US consumer confidence declined sharply this month, reaching its lowest level since April, as consumers grew gloomier about business and job market conditions, while also fretting about the outlook ahead.The survey data released Tuesday (Wednesday NZT) reflects American households' concerns with stubbornly high costs of living as the labour market cools.The Conference Board's consumer confidence index dropped to 88.7 in November, down from October's 95.5 reading and below analyst expectations."All five components of the overall...

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