WASHINGTON (Reuters) – U.S. consumer confidence slipped in November amid concerns about the rising cost of living and relentless COVID-19 pandemic.
The Conference Board said on Tuesday its consumer confidence index fell to a reading of 109.5 this month from 111.6 in October. The survey was conducted before the discovery of Omicron, a new variant of the coronavirus, that was announced last week by South African scientists. Economists polled by Reuters had forecast the index falling to 111.0.
(Reporting by Lucia Mutikani; Editing by Chizu Nomiyama)
