Consumer Confidence Drops to Four-Month Low, Future Outlook ‘Gloomy,’ Recession Risk ‘Elevated’: Conference Board

American user assurance tumbled this period to a four-month low, amid a gloomy economical outlook, according to The Conference Board. The U.S. system has been facing persistently precocious inflation, vigor shortages, and rising involvement rates since past year, raising the hazard of a terrible recession successful 2023. The Conference Board’s Consumer Confidence Index fell to 100.2 successful November from a revised 102.2 speechmaking successful October, according to...