Consumer Confidence Rises as Inflation Expectations Ease and Household Spending Plans Improve
- Consumer confidence index rises to 102.0 in November from 99.1 in October
- Consumers plan more big-ticket purchases like vehicles and appliances
- Inflation expectations ease to 5.7% from 5.9%
- More consumers plan to buy a house despite high mortgage rates
- Annual house price growth accelerates to 6.1% in September from 5.8% in August