• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Consumer Sentiment Fell in November

November 30, 2021 by Forex Winner Leave a Comment

US Consumer Sentiment Fell in November

Source: The Conference Board

The Conference Board’s Consumer Confidence Index decreased in November to 109.5 in November from 111.6 in October. DXY down -0.63%, EUR USD up +0.78%

  • The Present Situation Index, which evaluates the current business and labor market conditions, dropped to 142.5 from 145.5 last month.
  • The Expectations Index, which examines consumers’ short-term outlook for income, business, and labor market conditions, dropped to 87.6 from 89.0.
  • Lynn Franco, Senior Director of Economic Indicators at the Conference Board, stated that consumer confidence moderated in November, after posting again in October.
  • Expectations about the short-term outlook increased, but job and income outlook slowed down.
  • Concerns relating to the rising prices and the Delta variant were the main causes of the slight decrease in consumer confidence.
  • The percentage of consumers planning to buy homes, automobiles, and major appliances in the next six months decreased.
  • The Conference Board anticipates both confidence and spending are likely to encounter headwinds from rising prices and the potential resurgence of COVID-19 in the next few months. 

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

CMC Markets

CMC Markets Review

November 25, 2019 By Forex Winner

eToro

eToro Review

April 23, 2019 By Forex Winner

GMO trading

GMO Trading Review

May 22, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure