Posted on 11/25/2025 7:28:34 AM PST by Miami Rebel
Consumers soured on the current economy and their prospects for the future, with worries growing over the ability to find a job, according to a Conference Board survey released Tuesday.
The board’s Consumer Confidence Index for November slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading since April. Economists surveyed by Dow Jones were looking for a reading of 93.2.
In addition, the expectations index tumbled 8.6 points to 63.2 while the present situation index slipped to 126.9, a decline of 4.3 points.
“Consumers were notably more pessimistic about business conditions six months from now,” said Dana Peterson, the board’s chief economist. “Mid-2026 expectations for labor market conditions remained decidedly negative, and expectations for increased household incomes shrunk dramatically, after six months of strongly positive readings.”
A key reading within the report that measures job expectations showed deterioration.
(Excerpt) Read more at cnbc.com ...
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I saw the ADP estimate this morning, it was something like -13,500 jobs...i was relieved as ADP is consistently WAY off the mark...they are not even close...
A lot of mASS media has taken up the old leftist trait of “The Big Lie”.
Unless of course you are a union teacher, 6-10% annual wage increases are virtually guaranteed.
So OBVIOUS what is going on. NOTHING NEGATIVE WAS SAID ABOUT BIDEN as his AUTO-PEN took a WRECKING BALL to our economy, our border, our military, our courts, our schools, AND ETC. and our rights.
There have been a number of high-profile layoffs in tech: Apple, Meta, Amazon. You’d have to figure that those weigh heavily on other techies.
Pretty odd that they don't have him and potus traveling and seeing the results of changing the world order.
We’re all trying to survive Biden’s record inflation. Things are coming down slowly...
I think that that’s a great idea. Having Lutnick or Leavitt or Bessent stand on the White House lawn doesn’t resonate, no matter what they’re saying.
Vance making the case on factory floors would carry far more weight.
“heard” not “head”, whoops.
This was a lot of waste and fraud under the Bidens. Commiecrats are desperately trying to get people to vote for that again.
People still think jobs are security, those days are gone. Running your own business is the way to go and has been for decades. With computer advances it’s easier than ever. That’s why we have 25 year-old millionaires now.
Brainwashing at its finest. Way overperformed job expectations last month.
The rats and their media think they can recreate the 2008 financial crisis. Jorge Booosh had signed off on the rat congress’ plans in 2006 and the chickens came home to roost. I remember the drumbeat of bad news articles and one rat crowing that they would pick up another seat for every 100 point drop in the Dow.
I don’t think they have the power to drive that anymore but we will see.
“Consumer Confidence” sure hasn’t stopped them from flying off for the holidays?
Rate cuts finally coming from timid “rear-view mirror” Powell, things will improve soon.
They have to tip the scales in Congress to block, shutdown and run out the clock on President Trump.
The NWO globalists know its just a waiting game until they own the court again.
They will in the meantime throw out and dangle every shiny new bauble and PSYOP trauma and carrot and stick they can muster to confuse and distract the population from noticing their treason.
Hence the increase in garbage being thrown around passing for ‘shocking’ news stories. They are liars and serve the father of lies Satan.
Is anyone surprised that consumers are pessimistic with the media/entertainment/political cabal’s constant drum beats against this president’s economic policies?
Anything to smear and disparage Trump. Lie? That’s child’s play to the eneMedia and swamp.
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