Quotes from Capital Economics:- After hitting a seven-year high in October, we estimate that the Conference Board’s consumer confidence index (15.00 GMT) climbed higher still in November. – Gasoline prices continue to plummet, job growth remains strong and equity prices are reaching new record highs. What’s more, almost all of the other measures of confidence have improved this month, most notably the University of Michigan index, which hit an eight-year high. – We expect the Conference Board measure to follow suit, increasing to around 97.0, from 94.5 last month.
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