Thanks to a massive downward revision in October, the November Conference Board Consumer Confidence index 'improved'. • October headline revised down from 102.6 to 99.1 (the weakest since Jul 2022), and November headline printed 102.0 (up notably from the downwardly revised data). • October Present Situation revised down from 143.1 to 138.6, and November present situation printed 138.2 (down from the downward revision to the lowest since April 2021) • October Expectations revised down from 75.6 to 72.7, and November Expectations printed 77.8 (notably higher than the downward revision). Despite this month’s ... (full story)