US consumer confidence rises in November

A woman carries shopping bags during the holiday season in New York City, U.S., December 21, 2022. REUTERS/Eduardo Munoz/File Photo

U.S. consumer confidence rose in November after three straight monthly declines, though households continued to anticipate a recession over the next year, a survey showed on Tuesday.

The Conference Board said its consumer confidence index increased to 102.0 this month from a downwardly revised 99.1 in October. Economists polled by Reuters had forecast the index dipping to 101.0 from the previously reported 102.6.

Reporting by Lucia Mutikani; Editing by Chizu Nomiyama

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