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Friday, December 4, 2020 6:25:41 PM EST

Consumer Confidence Updated 24-Nov-20 10:14AM ET
The Conference Board's Consumer Confidence Index dropped to 96.1 in November ( consensus 96.5) from an upwardly revised 101.4 (from 100.9) in October.

The Present Situation Index slipped from 106.2 to 105.9.

The Expectations Index dropped from 98.2 to 89.5.

The key takeaway from the report is that consumers going into 2021 don't foresee the economy and the labor market gaining strength, as attitudes about business conditions for the next six months have worsened.
Conference Board96.1101.4101.386.391.7
Present Situation105.9106.298.985.895.9
Employment ('plentiful' less 'hard to get')
1 yr inflation expectations5.7%5.6%5.7%5.8%6.1%