Consumer confidence hits lowest point since April as job worries grow [View all]
Source: CNBC
Published Tue, Nov 25 2025 10:08 AM EST Updated 2 Hours Ago
Consumers soured on the current economy and their prospects for the future, with worries growing over the ability to find a job, according to a Conference Board survey released Tuesday.
The board’s Consumer Confidence Index for November slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading since April. Economists surveyed by Dow Jones were looking for a reading of 93.2. In addition, the expectations index tumbled 8.6 points to 63.2, while the present situation index slipped to 126.9, a decline of 4.3 points.
“Consumers were notably more pessimistic about business conditions six months from now,” said Dana Peterson, the board’s chief economist. “Mid-2026 expectations for labor market conditions remained decidedly negative, and expectations for increased household incomes shrunk dramatically, after six months of strongly positive readings.”
A key reading within the report that measures job expectations showed deterioration.
Read more: https://www.cnbc.com/2025/11/25/consumer-confidence-lowest-point-since-april.html
Big news dump going on. Am guessing the media is dumping their ballast before they warp out for Thanksgiving. Finally got to this one.
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