Contact Us

US Consumer Confidence Drops, At 7-Month Low

Co-Op Grocer Model Proves Wildly Successful For Brooklyn Food Co-Op
Photo by Chris Hondros/Getty Images

WASHINGTON (AP) — U.S. consumers’ confidence in the economy fell in November to the lowest level in seven months, as Americans expressed more concerns about hiring and pay increases in coming months.

The Conference Board says that its index of consumer confidence dropped to 70.4 from 72.4 in October. The October reading was slightly higher than initially reported.

Confidence has now fallen for three straight months after reaching a five-year high of 82.1 in June.

Consumers’ confidence is closely watched because consumer spending accounts for 70 percent of economic activity.


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Best of News Talk 940

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://voiceofamarillo.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for VOA VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive VOA VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.