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flag U.S. consumer confidence fell sharply in November to 88.7, the lowest since April, due to inflation, job concerns, and political turmoil.

flag U.S. consumer confidence dropped to 88.7 in November, the lowest level since April, according to The Conference Board, down from a revised 95.5 in October. flag The decline followed a government shutdown, persistent inflation, weak job growth, and rising concerns over economic stability. flag Consumers reported worsening views of the labor market, with fewer saying jobs are plentiful and more citing high costs, tariffs, and political disruptions as key worries. flag The drop, larger than expected, reflects growing economic anxiety across all political groups, especially independents, and raises concerns about weaker consumer spending and a potential slowdown in the final quarter of 2025.

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